700 Ridgewood Ave Holly Hill, FL 32117
- Outlet malls
- 6,765 SF
- 0.94 lot acres
Current Use by Public Records
- Enforcement MMA / Sports School
- Atlantis Cremation / Cremation Service
- Kingdom Family Church of Daytona / Church / Community Center
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Advance Auto Parts / Car Accessories Store / Car Battery Store
Property Details for 700 Ridgewood Ave
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.94 lot acres
- Property size
- 6,765 SF
- Zone code
- BR1
- Property type
- Outlet malls
- APN
- 5338-01-11-0050
- APU
- 533801110050
Description
This exceptional single-tenant warehouse, located at 700 Ridgewood Avenue, offers 2,366 square feet of immediately available space. The property boasts a convenient roll-up door and a separate entry door, enhancing operational efficiency. Modern amenities include energy-efficient LED lighting and R-40 ceiling insulation, contributing to lower operating costs. Security is ensured with a comprehensive surveillance system. The building's robust construction features concrete tilt-wall construction, concrete driveways and parking areas, and individually metered water and electric services. Benefit from a high-traffic location with over 25,000 vehicles passing daily on Ridgewood Avenue, providing excellent visibility and accessibility. The property sits on a 1.65-acre lot and includes access to 64 parking spaces within the plaza. Digital signage opportunities are also available, offering additional marketing potential. This one-story building, identified by APN 4244-01-16-0120, presents a rare opportunity for businesses seeking a well-maintained, strategically located warehouse space. The total building size is 3,509 square feet, with this unit comprising a significant portion. The property's single-tenant occupancy ensures a streamlined and hassle-free environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $270,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $255,000
- Mixed-Use
- $260,000
- Hospitality
- $235,000
- Educational
- $290,000
- Residential Income
- $285,000
- Energy
- $305,000
- Income-Based Land
- $315,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0302
- Latitude
- 29.2236
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
