4770 Ridgewood Ave Port Orange, FL 32127-4544
This exceptional 5,000 square foot office building, situated on a 0.59-acre lot (APN 63031030090), presents a unique investment opportunity. Originally constructed in the early 1980s, the building boasts a solid block construction and ample parking, a significant advantage in this desirable location. Its prime position along Ridgewood Avenue in Port Orange's Riverwalk corridor offers excellent visibility and accessibility. The building's convenient location is directly across from the Port Orange Adult Community Center, ensuring high foot traffic and a strong presence within the community. The property features a single tenant occupancy, currently configured as a 2,200 square foot former medical office. This space includes a welcoming lobby, a dedicated reception area, a functional kitchen, six exam rooms, and three private bathrooms, providing a versatile layout adaptable to various professional uses. The remaining 2,800 square feet offers significant potential for expansion or customization to suit specific business needs. The building's solid construction and desirable location make it an attractive investment for both owner-occupiers and investors seeking a stable, high-demand property in a thriving area. This is a rare opportunity to acquire a well-established building in a highly sought-after location. The property's size and layout offer flexibility for a variety of businesses, making it an ideal investment for long-term growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Port Orange, FLPort Orange. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.