5.9+/- Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 30011128
Property Subtypes: Hospitality, Multi-Family, Retail
Gross Land Area: 5.90 Acres
Sale Price: $1,750,000
Unit Price: $296,610 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/22/2017

Overview / Comments

Premier 5.9 acre development site on Ridgewood Ave (US Hwy 1) in South Daytona
Potential for retail, multifamily, hospitality or mixed-use development
Located on a signalized "T" intersection, across from South Daytona City Hall
450+/- feet of frontage on Ridgewood Ave (US Hwy 1)
Existing buildings on site offer rental income while waiting for redevelopment
South Daytona has invested many millions in recent improvements to this US Hwy 1 corridor
City is open to rezoning to multiple commercial uses
One block west of Halifax River (Intracoastal Waterway) and just minutes to the beach
Easy access to the airport, Daytona Int'l Speedway, I-95 and I-4

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Zoning: PUD (CITY IS FLEXIBLE)
Property Visibility: Excellent

Attachments & Media



Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,308 69,432 134,298
Median Age: 41.74 43.97 44.26
Households: 4,438 32,087 61,461

Contact

Photograph of Listing Agent

Chris Butera

SVN Alliance
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