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Ridgewood - Commercial/Retail Land
2.98 Acres of Commercial Land Offered at $450,000 in Edgewater, FL 32141
Investment Highlights
- Opportunity to develop commercial property in fast growing community!
- Potential to acquire additional adjacent lot(s) for a larger development project.
- 25.2 miles to Daytona Beach International Airport. 39.1 miles to Orlando Sanford Airport.
- Annexation to City of Edgewater allows for rezoning, such as all commercial B-3 or B-4, or residential R-5 for up to 35-units multifamily.
- Near Indian River, boat ramps, & beautiful beaches.
Executive Summary
Property Facts
| Price | $450,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.98 AC |
| Property Type | Land | Cross Streets | Starboard Ave. |
| Price | $450,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.98 AC |
| Cross Streets | Starboard Ave. |
1 Lot Available
Lot 1, 2, 3
| Price | $450,000 | Lot Size | 2.98 AC |
| Price Per AC | $151,006.71 |
| Price | $450,000 |
| Price Per AC | $151,006.71 |
| Lot Size | 2.98 AC |
3 adjacent lots zoned B-4 and R-3 in fast growing community. 140' frontage on Hwy US-1. Traffic count= 15,000 vehicles/day. Volusia County bus stop & new sidewalks for pedestrian access. Steps to Walgreens, Publix strip center, Burger King & more!
Description
3 adjacent parcels #8412-02-08-0010, -0040 (zoned B-4) & -0090 (zoned R-3) in fast growing community. 140' frontage on Hwy US-1 for high traffic count of 15,000 vehicles/day. Volusia County bus stop next to it with new sidewalks for pedestrian access. Adjacent to Fitness Gym to the north and Baptist Church to the south. Steps to Walgreens, Publix strip center, Burger King, houses of worship, and many businesses. Near Indian River, boat ramps & beaches. B-4 zoning allows many commercial uses, retail, self-storage, car wash , etc. Currently under Volusia County legislation, 2 parcels are zoned commercial B-4 and 1 parcel is zoned residential R-3. Volusia County desires annexation of the 3 parcels to the City of Edgewater. The annexation is a good opportunity for the owner/buyer to request rezoning from the City of Edgewater in order to fit the owner/buyer's needs. For example, rezoning to R-5 for up to 35-unit multifamily development. There is also potential to acquire additional adjacent lot(s) for a larger development project.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $123,774 | Total Assessment | $123,774 |
PROPERTY TAXES
zoning
| Zoning Code | B-4 & R-3 (Lots #-0010 & #-0040 are B-4 zoning for many commercial uses, retail, self-storage, car wash , etc #-0090 is R-3 residential. Opportunity for rezoning) |
| B-4 & R-3 (Lots #-0010 & #-0040 are B-4 zoning for many commercial uses, retail, self-storage, car wash , etc #-0090 is R-3 residential. Opportunity for rezoning) |
Presented by
GLS Real Estate Co.
Ridgewood - Commercial/Retail Land
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