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Executive Summary

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4.
The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.

Property Facts

Price $1,200,000
Price Per SF $109.09
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 1.03 AC
Rentable Building Area 11,000 SF
No. Stories 2
Year Built 1947
Parking Ratio 1.82/1,000 SF
Opportunity Zone Yes
Zoning CC1 - Commercial Community -1

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

Property Taxes

Parcel Number
4244-01-22-0310
Land Assessment
$189,000
Improvements Assessment
$319,272
Total Assessment
$508,272
  • Listing ID: 40726813

  • Date on Market: 5/30/2026

  • Last Updated:

  • Address: 468 Ridgewood Ave, Daytona Beach, FL 32117

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