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Property profile & analytics

5993 Ridgewood Ave Port Orange, FL 32127-6803

  • Warehouses
  • 1,160 SF
  • 0.48 lot acres
OFF-MARKET
Last Sale
Nov 03, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-2815190
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.

Current Use by Public Records

  • Warehouses

Property Details for 5993 Ridgewood Ave

Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 lot acres
Property size
1,160 SF
Zone code
B4
Property type
Warehouses
APN
6314-03-17-0010
APU
631403170010

Description

This exceptional commercial property, located at 5993 Ridgewood Avenue in Port Orange, Florida, 32127, presents a unique investment opportunity. The 15,902 square foot space sits on a 20,908.8 square foot lot and boasts a diverse range of potential uses, including auto shop, bar, convenience store, restaurant, hotel, warehouse, and executive office space. Built in 1949, the property's versatile layout allows for various business configurations. Its prime location offers high visibility and accessibility, situated in a high-traffic area with convenient access to major roadways and local amenities. The property benefits from the thriving Port Orange market, presenting significant growth potential for investors and businesses alike. Currently, the property includes a restaurant and a watersports business as tenants, providing a steady income stream. The property's proximity to the beach and Rose Bay offers breathtaking views, creating a desirable and inspiring work environment. This is an ideal opportunity for expansion, new ventures, or a lucrative investment in a dynamic and growing community. The property consists of two parcels, #631403170010 and #631403160250. This multifaceted property offers a blend of established businesses and significant potential for future development.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Port Orange
County
Volusia
State
Florida
Longitude
-80.9721
Latitude
29.1052
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,203
$78,660
$124,245
$202,905
-
$78,660
$124,245
$202,905
More about this property
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