149 Ridgewood AveDaytona Beach, FL 32114

Property Details for 149 Ridgewood Ave

Year built

1985

Construction

CONCRETE

Lot size

1.48 AC

Property size (Sq ft)

56,136 SF

Zone code

BR2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5339-01-09-0020

APU

533901090020

Description

This prestigious seven-story Class A office building, constructed in 1981, offers 44,992 square feet of space in the heart of Daytona Beach. The building features 11 suites, currently with 3,217 square feet vacant, and boasts a stunning three-story atrium with floor-to-ceiling windows, a calming fountain, and elegant stone flooring. Two elevators serve the building's tenants. Enjoy breathtaking panoramic views of the Halifax River, Jackie Robinson Stadium, and Halifax Marina. The building's prime downtown location provides high foot traffic and excellent visibility, enhancing your brand presence. With 120 parking spaces available, this property offers a complete and convenient office solution. The building's multiple tenancy structure provides flexibility for businesses of various sizes. This is a truly exceptional opportunity to establish your business in a sophisticated and highly visible location. The building's modern amenities and classic design create a professional and inviting atmosphere for both employees and clients. This is more than just office space; it's a statement of success.

• CAP approach

  CAP return

  Valuation

  6%

  $14,613,757

  6.5%

  $13,489,622

  7%

  $12,526,077

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,839,101

  Geo Method

  $9,713,016

• Alternative Use

  Use

  Valuation

  Residential

  $13,489,622

  Hospitality

  $12,356,421

  Educational

  $10,280,397

  Medical

  $10,633,956

  Retail

  $15,991,729

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2099

Longitude

-81.0215

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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