719 N Ridgewood Ave Daytona Beach, FL 32114
For Sale
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This Daytona Beach, Florida storefront presents a compelling owner-user investment opportunity. The 6,300-square-foot building, situated on a 24,541-square-foot lot, boasts a fully renovated showroom featuring private offices and a conference room. Completed in 2021, renovations included new impact doors and windows, and new Hardi siding. The warehouse area offers high ceilings, two roll-up doors, and an employee bathroom. The property benefits from a 100% occupancy rate and is zoned BR-1. Located on a high-traffic street (28,000 AADT) with excellent visibility, this property enjoys proximity to downtown Daytona Beach, colleges, shopping, and restaurants. The large fenced lot provides ample parking and storage space. Built in 1948, this single-story building represents a turnkey asset in a high-growth area with easy freeway access. The asking price is $1,199,900, translating to $190.46 per square foot. The property's APN is 533801080101. This versatile property is ideal for a variety of retail or warehouse uses.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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