927 Ridgewood AveEdgewater, FL 32132

Property Details for 927 Ridgewood Ave

Year built

1983

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

800 SF

Property type

Retail properties

Property subtype

Retail space

APN

7433-19-01-0010

APU

743319010010

Description

This exceptional 920-square-foot office space, located at 927 S Ridgewood Avenue Unit A5 in Edgewater, Florida, presents a fantastic opportunity for business owners seeking a prime location. Priced at $125,000, this property boasts a highly desirable B3 zoning classification, allowing for a wide range of commercial uses. The unit itself is well-maintained and features ample space for five or more desks, a dedicated reception area, a private bathroom, and a small kitchen. Enjoy excellent visibility and accessibility from its prominent location on US1. The low-cost association fee covers a comprehensive range of exterior maintenance services, including water, signage, pest control, sewage, and trash removal, minimizing your operational overhead. Situated within the Edgewater Professional Plaza, this property benefits from its location in a rapidly expanding commercial district of Edgewater, a city experiencing significant growth within Volusia County. The 0.02-acre lot provides convenient access and parking. This is an ideal opportunity to establish or relocate your business in a thriving and strategically advantageous location. Don't miss out on this chance to own your commercial space and benefit from the area's robust growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $279,416

  6.5%

  $257,922

  7%

  $239,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $346,207

  Geo Method

  $225,046

• Alternative Use

  Use

  Valuation

  Residential

  $217,567

  Hospitality

  $199,290

  Educational

  $165,807

  Medical

  $171,510

  Retail

  $257,922

Location Insight

City

Edgewater

County

Volusia

State

Florida

Latitude

28.9835

Longitude

-80.9024

CBSA code

19660

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].