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Property profile & analytics
OFF-MARKET Estimated value $1,765,000
Community centers

3133 Ridgewood Ave South Daytona, FL 32119-3578

10,684 SF 0.8 ac lot Built 1988
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-3632802
Property summary
AI-generated overview

This exceptional commercial property at 3133 S Ridgewood Avenue in South Daytona offers a rare opportunity for businesses seeking prime office space. The property consists of two adjacent, single-tenant suites, each approximately 850 square feet, totaling approximately 1700 square feet when combined. Each suite includes a private bathroom, providing convenient and functional workspace. The property sits on a 0.8-acre lot (APN: 5334-07-00-0061) and is ideally located across the street from the new Enclave Apartments, ensuring high visibility and convenient access to a growing residential population. Its strategic location also places it within close proximity to the anticipated Port Orange River development and two additional future residential projects in South Daytona, promising significant future growth and increased foot traffic. The modified gross lease for each individual unit is $1400.00 per month. This presents a unique chance to establish a presence in a thriving area poised for continued expansion. The property's classification includes Retail, Land, and Office, offering versatility for a range of business types. All information is believed to be accurate; however, potential buyers/lessees are encouraged to conduct their own due diligence. This is a single-tenant property with a total of one building suite.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,684 SF
Lot 0.8 ac (34,820 SF)
Zoning code BR
APN 5334-07-00-0061
UPID US18-3632802
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.77M
Owner & transaction history
3133 Ridgewood LLC · 2 yrs held
3133 Ridgewood LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2013
Price N/A
Zoning & alternative use
BR · South Daytona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.7M +17.1%
Restaurant $2.3M +1.2%
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