1850 Ridgewood Ave

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1850 Ridgewood Ave

holly-hill, FL 32117
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

1850 Ridgewood Ave is located within the coastal community of Holly Hill, Florida, situated along the heavily trafficked U.S. Highway 1 corridor. The neighborhood is characterized by a mix of established local businesses, residential pockets, and light industrial zones. The property offers direct frontage and visibility on a primary regional artery, providing efficient north-south transit between Ormond Beach and Daytona Beach. Nearby amenities include various automotive services, local eateries, and proximity to the Halifax River. The property is suited for a range of retail use cases, including specialty showrooms, hardware suppliers, or convenience-based storefronts. Its location on a high-traffic thoroughfare makes it functional for service-oriented businesses that require ease of access and high signage visibility. Typical tenants would include regional service providers, independent retailers, or franchised operators looking to capture steady daily commuter traffic within the greater Volusia County area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times