5840 S Ridgewood Avenue, Port Orange, FL

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$835,000

List Status: Active
5840 S Ridgewood Avenue
Port Orange, FL 32127


Top Features
  • Built in  1973
  • Business
Description
WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OF DEVELOPMENT. Price Reduced! 8.0% +CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1. .9 ACRE Land with Three Income Centers. Presently all leased. N/N/N Leases. Property owned by same family for 50 years. First time offered for sale. Do not miss seeing this very flexible income producing property. Building 1 3 000sf presently is flooring biz. Building 2 & Parking Lot 13 000 sf. presently auto dealer. RV Lot 10 000 sf
Property Details
Additional Information
Area Major
21 - Port Orange S of Dunlawton E of 95
Area Minor
21 - Port Orange S of Dunlawton E of 95
Attached Garage YN
false
Bathrooms Total Decimal
0.0
Building Features Pool3
Public Restroom, Private Restroom, Showroom
Business Type Other37
Commercial, Commercial2, Retail, Professional Service, Food Beverage, Mixed, Retail2, Food \u0026 Beverage, Wholesale
Construction Materials Other8
Frame, Block, Concrete
Contract Status Change Date
2023-11-20
Cooling Other7
Multi Units, Central Air
Cooling YN
true
Current Use Other10
Retail, Mixed Use
Currently Not Used Accessibility Features YN
Yes
Currently Not Used Building Area Total
3876.0
Days On Market
372
Electric Whole House Generator
200+ Amp Service, 200 Amp Service
General Property Information Association YN
No, false
General Property Information Directions
Dunlawton to RT on Nova Road toLeft on S Ridgewood (US Hwy 1) property on the left
General Property Information List PriceSqFt
215.43
General Property Information Lot Size Dimensions2
381 X 125 X 96 X 388
General Property Information Waterfront YN
No, false
Heating Other16
Varies by Unit, Varies by Unit2, Central
Heating YN
true
Historical Information Public Historical Remarks 1
Zoning (Text): Auto Repair Retail; Bldg Type/Location: Free Standing; # Parking: 50; Interior Improvement: Display Window Truck Drive in Door; Income/Operating Inc: NOI: 75600; Included in Sale: Signs - Owned; Meters: # Electric Meters: 2 # Water Meters: 2; Parking: Lighted Paved; SqFt - Total: 40946.00; Site Improvements: Curb/Sidewalks; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 388.00; Depth: 115.00; Franchise Opt In: No; Current # Tenant: 2.0000
Income and Expenses Gross Income
84000.0
Income and Expenses Net Operating Income
75600.0
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Listing Contract Date
2023-11-20
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
6340-02-01-0120
Location Tax and Legal Tax Annual Amount
5248.0
Location Tax and Legal Tax Legal Description4
LOTS 12 TO 18 INC EXC RD RWY BLK 1 BAYWOOD MB 23 PGS 14 & 15 PER OR 4421 PG 2394 PER OR 5338 PG 4409 PER OR 5338 PG 4411
Location Tax and Legal Tax Year
2022
Location Tax and Legal Zoning Description
Other
Lot Features Other18
Other18, Other
Lot Size Area
0.94
Lot Size Square Feet
40946.4
Lot Size Units
Acres
Major Change Timestamp
2024-09-30T20:20:26Z
Major Change Type
Price Reduced
Mls Status
Active
Modification Timestamp
2024-11-26T19:52:44Z
On Market Date
2023-11-21
Price Change Timestamp
2024-09-30T20:20:26Z
Road Frontage Type Other25
City Street, Other25, Highway, Other
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2023-11-21T04:03:31Z
Utilities Other29
Separate Water Meters, Sewer Available, Separate Electric Meters
Water Source Other31
Public
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MLS #1116447 Listing courtesy of Watson Realty Corp. provided by Daytona Beach Area Association Of REALTORS.

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