$799,000

4770 S Ridgewood Avenue

Port Orange FL, 32127

Description

Income Producing Office Plaza For Sale.Well maintained 5,240 SF multi-tenant building.100% occupied.Cap Rate 8.8%.New tenant: Humana occupies 58.78% of the building.Private atrium off front offices.Masonry construction.New roof in 2007.Building painted in 2016.Parking ratio 6.3 per 1,000 rentable SF.Monument sign.81+/- feet of frontage on Ridgewood Avenue.LOCATION OVERVIEWLocated on the corner of Ridgewood Avenue and White Place. Approximately 0.6 miles south of Dunlawton Avenue, 3.8 miles to Interstate 95, 9.2 miles to Daytona International Airport, and 2.8 miles to Halifax Health Medical Center of Port Orange.

Details

MLS#1059893
Sub-TypeResale
StatusActive
Year1983
Days On Site99

Features

SQ Feet5,240
Story(s)1
ZoningProfessional

Market Activity 32127

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Area Information

StateFL
CountyVolusia
CityPort Orange
Zip Code32127
Area21 - Port Orange S of Dunlawton, E of 95
Listing VS Median (in 32127)
Price:
$799,000
low | high
Med:
$286,450
100% of Average
SqFt:
5,240
low | high
Med:
1,469
100% of Average
$ / SqFt:
$152
low | high
Med:
$195
22.045791824853% of Average
On Site:
99
low | high
Med:
40.5
100% of Average
Listing Updated: 10/18/2019
MLS Number: 1059893
Listing Provided By:
Carl Lentz  of  SVN Alliance Commercial Real Estate Advisors