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2794 S Ridgewood Ave 2.8 Acres of Commercial Land Offered at $295,000 in Edgewater, FL 32141

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INVESTMENT HIGHLIGHTS

  • High traffic area with potential parcels adjoining to assembled.

EXECUTIVE SUMMARY

Approximately 2.8 acres of Commercial and Residential land on busy U.S. Hwy 1/Ridgewood Ave. in fast growing Edgewater, FL. Several neighboring properties can be assembled for large offering. Close to Walgreens, Publix, Dollar General Winn Dixie, Dunkin Donuts, TD Bank, Bank of America, Taco Bell and several other businesses. Across the street from Edgewater Landing a large adult community. Possibilities are endless with this prime piece of Real Estate. Mixed use development potential. Building on property has no value but impact fee credits. Owner will hold mortgage wo qualified Buyer.
U.S. Hwy 1/Ridgewood Ave. North of Publix and Walgreens Shopping Center

PROPERTY FACTS

Price $295,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 2.80 AC
No. Stories 1
Zoning 01B4 - general commercial - almost all business types acceptable

1 LOT AVAILABLE

Lot

Price $295,000
Price Per AC $105,357.14
Lot Size 2.80 AC

PARTIALLY CLEARED COMMERCIAL LOT WITH LARGE RESIDENTIAL PIECE LOCTED ON US HWY 1. LOTS OF POTENTIAL! LOTS OF POTENTIAL FOR MIXED USE DEVELOPMENT. OWNER WILL HOLD MORTGAGE WITH QUALIFIED BUYER

DESCRIPTION

This is a large parcel that could be changed into a PUD for small homes or condos or single family homes. Front Entrance on US HWY 1 with more than 2.8 acres of residential behind commercial. There is a single family home on the lot that has no value except impact fee credits and electric is already on site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8402-00-00-0601
Land Assessment
$31,933
Improvements Assessment
$78,899
Total Assessment
$110,832
  • Listing ID: 6535675

  • Date on Market: 3/30/2017

  • Last Updated:

  • Address: 2794 S Ridgewood Ave, Edgewater, FL 32141

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