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    Property profile & analytics

    2111 Ridgewood Ave Edgewater, FL 32141-4252

    • Turn key restaurants
    • 9,120 SF
    • 1.96 lot acres
    OFF-MARKET
    Value Estimation
    $2,140,000
    Last Sale
    Jun 22, 2022
    $2,375,000
    Location Intelligence
    Property ID
    US18-2476263
    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

    • Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store
    • Precious Time Child Development Center / Child Care Agency
    • ZLS AMMO / Gun Shop
    • The Learning Tree, LLC. / Child Care Agency
    • ZLS Ammo / DTZ Munitions / Gun Shop

    Property Details for 2111 Ridgewood Ave

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.96 lot acres
    Property size
    9,120 SF
    Property type
    Turn key restaurants
    APN
    8402-00-00-0135
    APU
    840200000135

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,545,000
      6.5%
      $2,210,000
      7%
      $2,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,495,000
      Geo Method
      $2,295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,180,000
      Retail
      $2,300,000
      Mixed-Use
      $2,080,000
      Hospitality
      $1,880,000
      Educational
      $1,880,000
      Residential Income
      $2,295,000
      Energy
      $2,200,000
      Income-Based Land
      $2,230,000
      Food Service
      $1,915,000

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.8917
    Latitude
    28.9667
    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
    $17,881
    $307,760
    $607,587
    $915,347
    -
    $307,760
    $607,587
    $915,347

    Comparable in this City

    • Value Estimation
      $1,700,000
      6,309 SF

      3001 India Palm Dr

      RESTAURANT • 6,309 SF
      3001 India Palm Dr, Edgewater, FL 32141-6203
      View Details
    • Value Estimation by Request
      8,391 SF

      4170 Us Hwy 1st 1

      RESTAURANT • 8,391 SF
      4170 Us Hwy 1st 1, Edgewater, FL 32141-7241
      View Details
    • Value Estimation
      $280,000
      2,400 SF

      2100 Ridgewood Ave, Unit 280

      RESTAURANT • 2,400 SF
      2100 Ridgewood Ave, Edgewater, FL 32141-4207
      View Details
    • Value Estimation by Request
      40,000 SF

      2119 Ridgewood Ave

      Restaurants • 40,000 SF
      2119 Ridgewood Ave, Edgewater, FL 32141
      View Details
    • Value Estimation by Request
      3,086 SF

      10 Indian Riv Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,086 SF
      10 Indian Riv Blvd, Edgewater, FL 32141-3500
      View Details
    • Value Estimation
      $325,000
      1,500 SF

      3635 Us Hwy 1st 1

      BAR, TAVERN • 1,500 SF
      3635 Us Hwy 1st 1, Edgewater, FL 32141-7232
      View Details

    Similar Nearby for Sale

    • $295,000
      1,042 SF

      Edgewater Retail Investment Opportunity

      Prime US-1 location, high potential
      2794 Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $1,100,000
      4,956 SF

      Edgewater Commercial Warehouse

      Prime Edgewater location, high income potential.
      1955 Guava Dr, Edgewater, FL 32141
      View Details
    • $794,000
      0.23 Acres

      Commercial Property in Edgewater, FL

      Turnkey collision repair operation in a growing Florida community.
      2012 Guava Dr, Edgewater, FL 32141
      View Details
    • $599,900

      Edgewater Commercial Land - $599,900

      High-traffic Hwy 1 frontage, 126,324 SF
      2751 Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $105,000

      Edgewater Commercial Land Opportunity

      Build Your Dream, No HOA!
      1927 Travelers Palm Dr, Edgewater, FL 32141
      View Details
    • $794,000
      2,400 SF

      2012 Guava Dr, Edgewater, FL 32141

      Investment properties • 2,400 SF
      2012 Guava Dr, Edgewater, FL 32141
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo
      8,391 SF

      Turnkey Restaurant Opportunity in Edgewater

      Turnkey restaurant for lease on US Highway 1 in Edgewater.
      4170 Us Highway 1, Edgewater, FL 32141
      View Details
    • $5,000 /Mo
      29,260 SF

      Retail Space in Growing Edgewater

      Retail space available in a vibrant neighborhood center.
      2311 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $750 /Mo
      5,040 SF

      Edgewater Warehouse with Showroom

      Professional office, storefront, showroom with warehouse in Edgewater, Florida.
      2220 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • Contact for pricing
      13,500 SF

      Retail Space in Edgewater Commons

      Retail space available in busy Edgewater shopping center.
      2962-2986 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $12 SF/Yr
      34,695 SF

      Edgewater Retail/Warehouse Flex Space

      9,200 SF retail/warehouse space in a rapidly growing corridor.
      3042 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $5,400 /Mo

      Warehouse Units with Utilities Included

      Warehouse units featuring walk-through, garage door, sink, and toilet.
      2504 Hibiscus Dr, Edgewater, FL 32141
      View Details

    Property Visit Statistics

    • Visits by month
      798
    • Visitors by month
      783
    • Avg Time on site
      24 min
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    2111 Ridgewood Ave
    Edgewater, FL 32141-4252
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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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