1635 Ridgewood Ave South Daytona, FL 32119
- Investment properties
- 15,171 SF
- 0.84 lot acres
Current Use by Public Records
- Vanity / Beauty Salon
- 1st Coast Bail Bonds & Surety Agency / Bail Bonds Service
- Phyllis Lavigna / Social Worker / Practitioner Service Location
- Mrs. Elizabeth Ferguson / Social Worker / Practitioner Service Location
- Timothy Remmert / Social Worker / Practitioner Service Location
Property Details for 1635 Ridgewood Ave
- Year built
- 1987
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.84 lot acres
- Property size
- 15,171 SF
- Zone code
- BR
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5344-16-00-0588
- APU
- 534416000588
Description
This South Daytona commercial property offers two available office suites in a Class B, two-story building totaling 15,171 square feet situated on a 0.84-acre lot. The suites are located on the second floor and are ideal for small businesses or individual professionals. Suite 224 offers approximately 150 square feet of space for $425 per month, all-inclusive of sales tax and utilities. Suite 212-213 provides approximately 400 square feet for $625 per month, also inclusive of sales tax and utilities. Both suites benefit from access to a large shared conference room, common restrooms, and a lobby area. Ample parking is available, along with excellent signage opportunities. The building features an elevator for convenient access to the second floor. The property is zoned BGC and has a Volusia County APN of 534416000588. The building is under new ownership and management, promising a refreshed and well-maintained environment. Minimum leasable space is 150 square feet, with a maximum contiguous space of 1,000 square feet available. This property presents a fantastic opportunity for businesses seeking flexible and affordable office space in a convenient South Daytona location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,515,000
- 6.5%
- $1,370,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,220,000
- Geo Method
- $1,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,660,000
- Retail
- $1,520,000
- Mixed-Use
- $1,585,000
- Hospitality
- $1,630,000
- Educational
- $1,635,000
- Residential Income
- $1,550,000
- Energy
- $1,765,000
- Income-Based Land
- $1,845,000
- Food Service
- $1,340,000
Location Insight
- Map
- Local Demand
- City
- South Daytona
- County
- Volusia
- State
- Florida
- Longitude
- -81.0072
- Latitude
- 29.1824
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
