1635 S Ridgewood Ave
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1635 S Ridgewood Ave
15,140 SF 96% Leased Office Building Daytona Beach, FL 32119 $1,695,000 ($112/SF)
Investment Highlights
- Foam roof (top of the building) is 10 years old. Silicone coating applied in 2023 rated for 15 years.
- 10/12 air conditioning units have been replaced in the past two years.
- Steel roof is 10 years old. Sure-Cril Acrylic coating applied in 2023.
- The property is equipped with a commercial elevator.
Executive Summary
Fully stabilized, concrete block construction office building for sale in high traffic, growing area.
Currently 95% occupied with upside to continue to increase rents to market rate.
The property consists of 8 first floor office spaces with 26 small, executive suites on the second floor.
Just minutes from Daytona Beach, Daytona International Speedway, and Daytona Beach International Airport.
Take advantage of an opportunity to purchase a property that is performing, has upside, and no looming deferred maintenance.
Currently 95% occupied with upside to continue to increase rents to market rate.
The property consists of 8 first floor office spaces with 26 small, executive suites on the second floor.
Just minutes from Daytona Beach, Daytona International Speedway, and Daytona Beach International Airport.
Take advantage of an opportunity to purchase a property that is performing, has upside, and no looming deferred maintenance.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
15,140 SF
Building Class
B
Year Built
1987
Price
$1,695,000
Price Per SF
$112
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,570 SF
Building FAR
0.41
Lot Size
0.84 AC
Opportunity Zone
Yes
Zoning
BGC - South Daytona
Parking
75 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Fl-Ste 224
- 150 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 212+213 | 400 SF | Office | - | Now |
| 2nd Fl-Ste 224 | 150 SF | Office | - | Now |
1st Fl-Ste 212+213
| Size |
| 400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 224
| Size |
| 150 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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1st Fl-Ste 212+213
| Size | 400 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 5344-16-00-0588 | Improvements Assessment | $871,131 |
| Land Assessment | $146,400 | Total Assessment | $1,017,531 |
PROPERTY TAXES
Parcel Number
5344-16-00-0588
Land Assessment
$146,400
Improvements Assessment
$871,131
Total Assessment
$1,017,531
1 of 24
VIDEOS
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STREET
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1635 S Ridgewood Ave
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