Property summary
This exceptional 2.8-acre mixed-use property at 2794 S Ridgewood Avenue in Edgewater, Florida, presents a unique investment opportunity. The 937 square foot existing home on the site has only impact fee value, offering significant redevelopment potential. The property boasts prime frontage on US Highway 1/Ridgewood Avenue, ensuring high visibility and accessibility. Its strategic location provides proximity to numerous amenities, including Walgreens, Publix, Dollar General, Winn-Dixie, Dunkin' Donuts, Taco Bell, and Aldi's, guaranteeing a strong customer base for any commercial venture. The property's zoning is a blend of commercial (front) and residential (rear acreage), allowing for diverse development options. This flexibility allows for the creation of a thriving business with ample space for residential development in the rear, or the construction of apartments or smaller homes. Located in Volusia County, the property is eligible for annexation into the City of Edgewater. City water and sewer services are readily available. The seller is open to financing for qualified buyers, making this an attractive proposition for investors seeking a versatile and strategically located property with significant upside.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning