Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5310 Ridgewood Ave Port Orange, FL 32127

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5310 Ridgewood Ave Port Orange, FL 32127

    View on Map
    • Mobile home & RV parks
    • 2,478 SF
    • 0.36 lot acres
    Off-Market
    Property ID
    US18-0536720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 5310 Ridgewood Ave

    Year built
    1950
    Lot size
    0.36 lot acres
    Property size
    2,478 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Residential income homes

    Description

    This exceptional multifamily investment opportunity in Port Orange, Florida, presents a compelling case for both seasoned investors and those new to the market. The property, situated on a 0.36-acre lot, encompasses three apartments and a large storage lot with an RV pad, complete with full water, electric, and sewer hookups. The three apartments generate substantial rental income: a one-bedroom, one-bathroom unit leased at $995 per month

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.977724238873
    Latitude
    29.123547217084

    Comparable in this City

    • Contact for pricing
      4,852 SF

      Waterfront Commercial Property on Sunset Island

      High and dry waterfront property with commercial zoning and residential units.
      6292 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $1,975,000

      Port Orange Multifamily Investment Opportunity

      12-unit multifamily property in desirable Port Orange, Florida.
      4955 Orange Blvd, Port Orange, FL 32127
      View Details
    • $650,000
      1,785 SF

      Port Orange Triplex Investment

      Beachfront triplex with strong ROI.
      406 Oak St, Port Orange, FL 32127
      View Details
    • Contact for pricing

      Daytona Beach Investment Opportunity

      18-unit property in Daytona Beach with high income potential.
      5080 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • Contact for pricing
      7,728 SF

      Multifamily Property with 12 Units

      Multifamily property featuring 12 units in a desirable location.
      4955 Orange Blvd, Port Orange, FL 32127
      View Details
    • New
      $172,000
      0.94 Acres

      Port Orange Land Opportunity

      Two lots near the beach with no HOA restrictions.
      5000 Westridge Ave, Port Orange, FL 32127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,852 SF

      Waterfront Commercial Property on Sunset Island

      High and dry waterfront property with commercial zoning and residential units.
      6292 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $1,975,000

      Port Orange Multifamily Investment Opportunity

      12-unit multifamily property in desirable Port Orange, Florida.
      4955 Orange Blvd, Port Orange, FL 32127
      View Details
    • $650,000
      1,785 SF

      Port Orange Triplex Investment

      Beachfront triplex with strong ROI.
      406 Oak St, Port Orange, FL 32127
      View Details
    • Contact for pricing

      Daytona Beach Investment Opportunity

      18-unit property in Daytona Beach with high income potential.
      5080 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • Contact for pricing
      7,728 SF

      Multifamily Property with 12 Units

      Multifamily property featuring 12 units in a desirable location.
      4955 Orange Blvd, Port Orange, FL 32127
      View Details
    • New
      $172,000
      0.94 Acres

      Port Orange Land Opportunity

      Two lots near the beach with no HOA restrictions.
      5000 Westridge Ave, Port Orange, FL 32127
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Port Orange Warehouse and Industrial Space

      Two buildings totaling 19,500 SF on 1.42 acres.
      601 Lemon St, Port Orange, FL 32127
      View Details
    • $1,436 /Mo
      783 SF

      Port Orange Medical/Professional Condo

      Medical/Professional condo for lease in Port Orange, Florida.
      1728 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $12 SF/Yr

      Port Orange Industrial Opportunity

      Two buildings totaling 19,500 SF on 1.42 acres.
      601 Lemon St, Port Orange, FL 32127
      View Details
    • $1,700 /Mo
      1,350 SF

      Port Orange Commercial Space Available

      Open commercial space with potential synergy with neighboring business.
      4610 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • New
      $30 SF/Yr
      20,780 SF

      Medical Office in Port Orange

      Medical office space available in Port Orange, Florida.
      1690 Dunlawton Ave, Port Orange, FL 32127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5310 Ridgewood Ave
    Port Orange, FL 32127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    5310 Ridgewood Ave, Port Orange, FL, 32127

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!