5503 Ridgewood Ave Port Orange, FL 32127-5625
This exceptional 1,200 square foot flex space, situated on a 1.2-acre lot in Port Orange, Florida, presents a remarkable owner-user opportunity. Built in 2016, this single-story building boasts a prime location on S Ridgewood Ave, offering unparalleled visibility with thousands of cars passing daily. The property features one loading dock with a dock-high door, perfect for accommodating large vehicles or equipment. Inside, you'll find a 12-foot ceiling height, a kitchenette, reception area, a one-car garage, and laundry hookups. The space is handicap accessible and serviced by city utilities. The property is fully fenced, providing security and ample space for potential expansion. The permitted zoning is RD. Fifteen parking spaces are available. The asking price is $650,000, and the sale is offered as a fee simple ownership. This versatile space is ideal for a variety of uses, including but not limited to electricians, plumbers, computer repair businesses, or retail stores. Don't miss this chance to own a high-visibility, functional property in a thriving location.
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
B5 · 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.