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    Property profile & analytics

    2055 Ridgewood Ave South Daytona, FL 32119-2240

    • Turn key restaurants
    • 5,116 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Aug 16, 2021
    $287,500
    Location Intelligence
    Property ID
    US19-0611956
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ammrit Indian Cuisine / Indian Restaurant

    Property Details for 2055 Ridgewood Ave

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.17 lot acres
    Property size
    5,116 SF
    Zone code
    BGC
    Property type
    Turn key restaurants
    APN
    5344-16-00-0290
    APU
    534416000290

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $345,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $340,000
      Mixed-Use
      $350,000
      Hospitality
      $310,000
      Educational
      $350,000
      Residential Income
      $310,000
      Energy
      $345,000
      Income-Based Land
      $345,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    South Daytona
    County
    Volusia
    State
    Florida
    Longitude
    -81.0021
    Latitude
    29.1732
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,116
    $206,249
    $169,756
    $376,005
    -
    $206,249
    $169,756
    $376,005

    Comparable in this City

    • Value Estimation
      $255,000
      3,870 SF

      2225 Ridgewood Ave

      RESTAURANT • 3,870 SF
      2225 Ridgewood Ave, South Daytona, FL 32119-3017
      View Details
    • Value Estimation
      $310,000
      1,150 SF

      1780 Nova Rd Ste, Unit 13

      RESTAURANT • 1,150 SF
      1780 Nova Rd Ste, South Daytona, FL 32119-1777
      View Details
    • Value Estimation by Request
      3,430 SF

      1815 Ridgewood Ave

      RESTAURANT • 3,430 SF
      1815 Ridgewood Ave, South Daytona, FL 32119-2236
      View Details
    • Value Estimation by Request
      2,253 SF

      2450 Ridgewood Ave

      RESTAURANT • 2,253 SF
      2450 Ridgewood Ave, South Daytona, FL 32119-3024
      View Details
    • Value Estimation
      $275,000
      1,150 SF

      1780 Nova Rd Ste, Unit 12

      RESTAURANT • 1,150 SF
      1780 Nova Rd Ste, South Daytona, FL 32119-1777
      View Details
    • Value Estimation
      $1,530,000
      11,641 SF

      1854 Ridgewood Ave

      RESTAURANT • 11,641 SF
      1854 Ridgewood Ave, South Daytona, FL 32119-2237
      View Details

    Similar Nearby for Sale

    • $240,000
      17,312 SF

      Established Diner For Sale

      Turnkey restaurant with a strong local reputation and steady traffic.
      964 Reed Canal Rd, Daytona Beach, FL 32119
      View Details
    • Contact for pricing
      2,000 SF

      Established Pizzeria Restaurant For Sale

      Turn-key pizzeria restaurant with upgrades and expansion potential.
      2018 S Ridgewood Ave, Daytona Beach, FL 32119
      View Details
    • $370,000
      Pending

      South Daytona Restaurant Opportunity

      Restaurant building on a large lot with equipment included.
      2309 S Ridgewood Ave, Daytona Beach, FL 32119
      View Details
    • $595,000
      2,400 SF

      South Daytona Retail Property

      Prime renovated storefront, ideal owner-user.
      599 Beville Rd, South Daytona, FL 32119
      View Details
    • $1,990,000
      10,500 SF

      South Daytona Commercial Gem

      10,500 SF Multi-Use Building
      3090 Ridgewood Ave, South Daytona, FL 32119
      View Details
    • $799,000
      1,861 SF

      Unique Restaurant Opportunity in Daytona

      Restaurant property with outdoor seating and upgraded interior.
      2036 S Ridgewood Ave, Daytona Beach, FL 32119
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      2,200 SF

      Big Tree Plaza Retail Space

      Prime Retail Space, US Hwy 1
      2030 Ridgewood Ave, South Daytona, FL 32119
      View Details
    • Contact for pricing

      Prime Retail Space, Ridgewood Ave

      7,200 SF Flex Space, Hwy 1 Exposure
      2030 Ridgewood Ave, South Daytona, FL 32119
      View Details
    • $20 SF/Yr
      11,641 SF

      Prime Retail Space, Ridgewood Ave

      11,641 SF Newly Renovated Retail Building
      1854 Ridgewood Ave, South Daytona, FL 32119
      View Details
    • $14 SF/Yr
      12,610 SF

      Prime South Daytona Retail Space

      12,610 SF Former Bank, 2.2 Acres
      2111 Ridgewood Ave, South Daytona, FL 32119
      View Details
    • $18 SF/Yr
      1,913 SF

      South Daytona Retail Space for Lease

      Prime Retail Space, 1913 sq ft, Flexible Lease
      927 Beville Rd, South Daytona, FL 32119
      View Details
    • $5,100 /Mo
      15,171 SF

      South Daytona Office Suites For Lease

      Prime Office Space, Flexible Sizes Available
      1635 Ridgewood Ave, South Daytona, FL 32119
      View Details
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    South Daytona, FL 32119-2240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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