Property profile

5481 Ridgewood Ave Port Orange, FL 32127

OFF-MARKET
Manufacturing properties
Property ID
US19-0493403
3,200 SF 1.01 ac lot Built 1988
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1988
Construction WOOD
Total area 3,200 SF
Lot 1.01 ac (44,000 SF)
Zoning code HC
APN 6314-01-02-0090
UPID US19-0493403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

5481 Ridgewood Ave Port Orange, FL 32127-5627
Port Orange metro Census 82510 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$565k
Blend (final) Blend
$785k

Owner & transaction history

since 2020
Last sale
$750,000
6 recorded transactions
2020
$209,000
2020
Price N/A
2005
$575,000
2003
$475,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HC · Port Orange, FL
Zoning description

The highway commercial (HC) district is intended to provide for highway oriented businesses, regional scale facilities, and those retail uses that are undesirable in close proximity to residential areas

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $795,000 +110.4%
Warehouse, storage $730,000 +93.7%
Neighborhood: shopping center $680,000 +79.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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