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Property profile & analytics
OFF-MARKET Estimated value $1,250,000
Warehouses

831 Ridgewood Ave Daytona Beach, FL 32117-3517

4,900 SF 1.14 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-6294647
Property summary
AI-generated overview

This exceptional 4,900-square-foot warehouse, situated on a 1.14-acre lot in Holly Hill, Florida (32117), presents a unique investment opportunity. The single-story building boasts a prime location on Ridgewood Avenue, experiencing high daily traffic exceeding 25,000 vehicles. The property is fully fenced with wrought iron, features a concrete parking lot, and includes electric gates for enhanced security. Excellent street signage ensures high visibility. The warehouse itself comprises four bays equipped with five roll-up doors, two of which are climate-controlled. The property is available for immediate occupancy and offers flexible leasing options. The entire 4,900-square-foot building can be leased, or individual units are available. Unit 101-102 offers 2,100 square feet with two 10-foot roll-up doors. Unit 104, a 900-square-foot space, includes a 14-foot roll-up door and air conditioning. Finally, Unit 105 provides 1,050 square feet with a full bath and air conditioning, and a 10-foot roll-up door. The property's APN is 4244-01-12-0090. This versatile space is suitable for various industrial, retail, and special-purpose uses, including but not limited to warehouse, distribution, manufacturing, pet grooming, general appliance repair, automotive repair, and self-storage.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,900 SF
Lot 1.14 ac (49,454 SF)
Zoning code B4
APN 4244-01-12-0090
UPID US18-6294647
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
  • Atlantic Landscape Associates Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$974k
Blend (final) Blend
$1.25M
Owner & transaction history
Monticelli Investments INC · 2 yrs held
Monticelli Investments INC
since 2024
Last sale
$1.3M
5 recorded transactions
2024
$1.3M
2016
$275,000
2016
Price N/A
2012
$800,000
2010
$800,000
Zoning & alternative use
B4 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +114.1%
Neighborhood: shopping center $1.0M +82.8%
Medical building $960,000 +68.6%
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