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468 Ridgewood Ave 11,000 SF 100% Leased Flex Building Daytona Beach, FL 32117 $1,200,000 ($109.09/SF)
Investment Highlights
- 1.03 acres on US. 1
- Mixed use property for sale
- Zoned CC. 1
- Residential and commercial property for sale
Executive Summary
**Unique Investment Opportunity in Holly Hill's Redevelopment Area** Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage along US1 and spans 1.03 acres, making it an ideal investment for developers, business owners, or investors seeking income and growth opportunities. **Property Highlights:** - **Prime Location:** Just 4 miles from Halifax Hospital, Daytona International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry Riddle. Easy access to the Beachside A1A Corridor (5 miles), I-95 (6 miles), and I-4 (8 miles). - **Flexible Spaces:** Comprising three stand-alone block buildings totaling over 12,000 sq ft, all featuring new galvanized metal roofs (installed in 2014 and 2017). - **Building 1:** Approximately 10,250 sq ft, two-story structure with two commercial units, seven storage units, an owner's
suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control.
- **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes.
- **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options.
- **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities.
**Redevelopment & Investment Potential:**
This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects.
**Don't miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**
suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control.
- **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes.
- **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options.
- **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities.
**Redevelopment & Investment Potential:**
This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects.
**Don't miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**
Property Facts
Amenities
- Bus Line
- Fenced Lot
- Security System
- Yard
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Electric
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4244-01-22-0310 | Improvements Assessment | $319,272 |
| Land Assessment | $189,000 | Total Assessment | $508,272 |
Property Taxes
Parcel Number
4244-01-22-0310
Land Assessment
$189,000
Improvements Assessment
$319,272
Total Assessment
$508,272
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468 Ridgewood Ave
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