- For Sale $1,100,000
- Property Type Office - General Office
- Property Size 7,800 SF
- Lot Size 0.53 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Date Updated May 18, 2026
Description
Discover the dynamic investment potential of the Daytona-Ormond Beach, FL MSA market, where the property is located. This vibrant area is a hotspot for commercial real estate investors, offering a strategic location and a thriving business environment.10.3% PRO FORMA CAP RATE
Located in the quickly growing city of Edgewater, this office/warehouse space is suitable for investors or owner users. 0.53ac parcel with 7800sf warehouse/office space on busy US-1. Current owner converting renewing tenants to NNN leases. Ability for year two 10.3% cap rate by filling office vacancies. Owner/user would benefit from 6k square feet of office space and small bay warehouse in the rear of the building, with ability to sublet unused space to office tenants.
Highlights
- 0.53 acres+/- prime road frontage on US-1
- 20+ parking spaces
- 2023 HVAC and gutters
- 2025 Roof and soffits
- 3 bay warehouse- newly leased as of July 2025
- B-3 Highway Commercial Zoning - Edgewater
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Contacts
Mark Ascik
SVN | Alliance Commercial Real Estate Advisors
Location
Located at 328 North Ridgewood Avenue, Edgewater, FL 32132, this property is part of the Edgewater neighborhood and North Central Florida market.
Contact Listing Broker
Mark Ascik
SVN | Alliance Commercial Real Estate Advisors
