1506 Ridgewood Ave Daytona Beach, FL 32114
This exceptional 1.99-acre commercial land parcel presents a unique investment opportunity in Daytona Beach, Florida. Located at 1506 S Ridgewood Ave, Volusia County, zip code 32114 (APN 5340-04-06-0030), this property boasts a highly desirable T-4 commercial zoning designation. Previously occupied by a 9280 square foot freestanding building, the site is now cleared and ready for development. Its strategic location at the Northwest corner of Ridgewood Avenue and Beville Road offers unparalleled visibility and accessibility, situated directly adjacent to a RaceTrac gas station. The asking price for this prime commercial land is $950,000. This location provides excellent exposure to high traffic counts, making it ideal for a variety of commercial ventures. The property's size and zoning allow for a wide range of development possibilities, catering to businesses seeking a prominent presence in a thriving area of Daytona Beach. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The latitude and longitude coordinates are 29.1849072, -81.0094348 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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