921 Ridgewood Ave Holly Hill, FL 32117
- Investment properties
- 1,967 SF
- 0.09 lot acres
Current Use by Public Records
- Immuno-Genic Corporation / Research Institute
- 921 South Ridgewood Avenue / Corporate Office
- Sandollar Accounting & Taxes LLC / Business To Business Service / Tax Preparation Service
Property Details for 921 Ridgewood Ave
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 1,967 SF
- Zone code
- B4
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 4242-58-03-0180
- APU
- 424258030180
Description
This exceptional commercial property, located at 921 Ridgewood Avenue in Holly Hill, Florida, presents a fantastic opportunity for a single-tenant business. The property boasts a convenient location directly on US Highway 1, benefiting from an estimated daily traffic count exceeding 20,000 vehicles. This ensures high visibility and accessibility for your business. The building itself is a single-story, 500-square-foot office space, perfect for a small professional practice or office. The lot size is 0.05 acres, providing ample space for parking and potential future expansion. The property is zoned CC-1, aligning with commercial corridor district regulations. The lease is a gross lease, meaning water and sewer are included. The tenant is responsible for all other utilities. This move-in ready space offers immediate occupancy, eliminating the need for extensive renovations or improvements. Its prime location and attractive features make it an ideal choice for businesses seeking a high-traffic, easily accessible location in Holly Hill, FL, zip code 32117. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $190,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $190,000
- Mixed-Use
- $205,000
- Hospitality
- $175,000
- Educational
- $170,000
- Residential Income
- $205,000
- Energy
- $160,000
- Income-Based Land
- $155,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0392
- Latitude
- 29.2418
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
