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Property profile & analytics
OFF-MARKET Estimated value $815,000
Outlet malls

700 Ridgewood Ave Daytona Beach, FL 32114-2016

6,765 SF 0.94 ac lot Built 1997
Entity Owned 27-yr Hold Free & Clear
Property ID
US18-5528604
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,765 SF
Lot 0.94 ac (41,000 SF)
Zoning code BR1
APN 5338-01-11-0050
UPID US18-5528604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Enforcement MMA Training Center
  • Atlantis Cremation Cremation Service
  • Kingdom Family Church of Daytona Church
  • UPS Access Point location Courier Service Postal Service
  • Advance Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$644k
Blend (final) Blend
$815k
Owner & transaction history
DISCOUNT AUTO PARTS INC
DISCOUNT AUTO PARTS INC
Zoning & alternative use
BR1 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.3M +32.1%
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