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Property profile & analytics
FOR SALE
Retail space
3090 S Ridgewood Ave South Daytona, FL 32119
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-3298944
For Sale
1 / 46
$1,715,000
3090 S Ridgewood Ave, South Daytona, FL 32119
View Listing →
Property summary
AI-generated overview
This exceptional 10,500 square foot commercial property, built in 2007, is situated on a 28,314 square foot lot in South Daytona, Florida (32119). Located on a busy corner lot near US-1, it boasts a two-level concrete structure with two-story ceilings, a large loft area, an elevator, and a private office. The versatile open-concept layout is ideal for a variety of uses, including retail, warehouse, office, or entertainment. Large display windows provide excellent visibility, while a rear entry with a loading dock facilitates deliveries. The property also features a gated pool and deck, abundant storage, and 23 front parking spaces. The asking price is $1,990,000 ($189.52/sq ft), with 100% occupancy. Its prime location offers excellent exposure, close proximity to shopping, dining, a riverfront promenade, and the beach (2 miles). The sale includes only the land and building.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,784 SF
Lot
0.65 ac (28,500 SF)
Zoning code
BP
APN
5334-07-00-0031
UPID
US18-3298944
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.21M
Owner & transaction history
Sandy Pt Progressive Sports In · 6 yrs held
Sandy Pt Progressive Sports In
since 2019
5 recorded transactions
Zoning & alternative use
BP · South Daytona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+27.0%
Neighborhood: shopping center
$1.9M
+25.5%
Medical building
$1.7M
+15.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Daytona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Daytona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,180,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,485,000
Current use
RESTAURANT
$1,885,000
Change: +27% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,865,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$1,720,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,215,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,819
Tax year 2023
Assessed value
$1,091,163
Assessed 2023
Previous assessed
$1,003,401
+8.7% YoY
Effective rate
2.00%
On assessed value
Assessed land
$124,688
Assessed improvement
$966,475
Land market value
$124,688
Improvement market value
$966,475
Total market value
$1,091,163
Applied tax rate
401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
8,784 SF
Lot
0.65 ac (28,500 SF)
Zoning code
BP
APN
5334-07-00-0031
UPID
US18-3298944
Jurisdiction
VOLUSIA
Zoning & alternative use
BP · South Daytona, FL
Zoning BP · permitted uses
BP · South Daytona, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Daytona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Sandy Pt Progressive Sports In
Individual
Free & Clear · 6 yrs held
Mailing address
3090 S RIDGEWOOD AVE, SOUTH DAYTONA, FL 32119-3546
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
$100
Sandy Pt Progressive Sports In
Gottlieb,steven B & Martha J
Correction Deed
related
—
Jun 17, 2016
—
Martha J Gottlieb
—
Deed
related
$680,000 · Suntrust Bank
Jan 16, 2007
$1,212,928
Steven B Gottlieb
Nshe Garden Grovre LLC
Quit Claim Deed
related
—
Jul 28, 2006
$300,000
Nshe Garden Grove LLC
Gottlieb,steven B & Marhta J
Warranty Deed
—
Dec 22, 2005
$300,000
Steven B Gottllieb
Bielarz,james T & Rose M
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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