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Property profile & analytics
OFF-MARKET
Residential income homes

520 Ridgewood Ave Daytona Beach, FL 32114-6925

4,440 SF 0.23 ac lot Built 1903
Trust Owned 9-yr Hold Free & Clear
Property ID
US18-1687911
Property summary
AI-generated overview

This exceptional 4,200-square-foot industrial flex space, located at 520 Ridgewood Ave in Daytona Beach, Florida, 32117, presents a unique investment opportunity. Built in 1985, the property boasts 150 feet of frontage on a busy US1 location, offering excellent visibility and signage potential. The space is currently configured as a successful automotive shop, having operated there for the past 15 years. The layout includes a functional 2,000-square-foot warehouse area featuring a large 12-foot roll-up bay door and impressive 17-foot high ceilings. In addition, there is approximately 2,200 square feet of office/showroom space, which is adaptable to suit various business needs and can be scaled down to reduce operational costs. The property includes two bathrooms, one of which has a shower. Ample parking is available with approximately 40 spaces. The property is available for occupancy on August 1st. This single-tenant property is classified as Industrial, Special Purpose, with subtypes including Flex, Manufacturing, and Warehouse. Its prime location and versatile layout make it ideal for a variety of businesses. Contact the property manager for a showing.

Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1903
Construction WOOD
Total area 4,440 SF
Lot 0.23 ac (10,010 SF)
APN 5338-20-03-0060
UPID US18-1687911
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
  • Grade A Automotive Auto Repair Shop
  • Sigma Chi Fraternity Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Helgemo,larry S Family Trust · 9 yrs held
Helgemo,larry S Family Trust
since 2017
3 recorded transactions
2017
Price N/A
2014
$300,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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