1629 Ridgewood Ave Daytona Beach, FL 32117-1733
- Retail space
- 2,520 SF
- 0.15 lot acres
Current Use by Public Records
- Lost Treasures Furniture and Consignment / Used Furniture Store
- Golf cart and co / Golf Cart Dealer / Electric Bicycle Store
Property Details for 1629 Ridgewood Ave
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.15 lot acres
- Property size
- 2,520 SF
- Zone code
- B4
- Property type
- Retail space
- APN
- 4242-20-09-0150
- APU
- 424220090150
Description
This established Holly Hill, FL business, located at 1629 Ridgewood Avenue, is offered for sale at $119,900. The 2,520 square foot space, situated on a 6,499.15 square foot lot, is a turnkey operation with an existing customer base and ample inventory. Included in the sale are eight brand new golf carts, ten e-bikes, four Hiboy scooters, customer lists, signage, floor racks, a 24-foot hauling trailer, the business website, and phone number. The business currently operates under a gross lease with three years remaining, and the landlord is willing to extend the lease for a qualified buyer for 3-5 years. The property is zoned for business use and features an 8-foot ceiling height. This is an asset sale only; no real estate is included in the sale. Serious inquiries only; proof of funds and a signed NDA are required before showings. This presents a unique opportunity to acquire a profitable, established business in a high-growth market. The single-story building was constructed in 1961. This is a 100% occupied, single-unit business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $335,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $265,000
- Mixed-Use
- $260,000
- Hospitality
- $310,000
- Educational
- $350,000
- Residential Income
- $300,000
- Energy
- $300,000
- Income-Based Land
- $265,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0476
- Latitude
- 29.2577
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
