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Financial
Distress signals
Property profile

2900 S Ridgewood Ave Edgewater, FL 32141

FOR LEASE
Commercial land
Property ID
US18-7566567
0.65 ac lot
Last sale May 2025 · $2,400,000
Trust Owned Owner of record is a trust. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed Popeyes restaurant in Edgewater, Florida. The property boasts a 2,126 square foot building on a 0.65-acre lot, situated on an outparcel of a Publix-anchored shopping center. This prime location on Ridgewood Avenue benefits from high visibility and significant daily traffic, with approximately 22,000 vehicles passing by daily. The strong demographics are further enhanced by a population of over 35,000 residents within a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$464k
Assessed land$464k
Effective rate1.89%

Value estimate

· Oct 2026
$2.11M
$1.89M – $2.32M
AI approach$1.81M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 252.95% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$84 – $303

Cap rate analysis

How does the asset earn?
252.95%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B5
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.6
Restaurant30.9
Building Supply28.3

Location

2900 S Ridgewood Ave Edgewater, FL 32141
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2218 Guava Dr, Edgewater, FL 32141-5105 $640,000 May 2025 No data
Edgewater, FL 32141 $265,000 Mar 2025 No data
3449 Washington, Edgewater, FL 32141-7128 $50,000 Mar 2025 1,728 SF
Ridgewood, Edgewater, FL 32141 $155,500 Dec 2024 No data
Hibiscus, Edgewater, FL 32141 $523,000 Dec 2024 No data
India Palm, Edgewater, FL 32141 $55,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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