$1,500,000

2431 S Ridgewood Avenue

Edgewater FL, 32141

Description

14.5 +/- ACRES LOCATED IN A GROWING AREA IN EDGEWATER, FL SITUATED BETWEEN S. RIDGEWOOD AVE. (US HIGHWAY 1) AND THE INDIAN RIVER. IT IS RARE TO FIND A LARGE PARCEL THAT IS LOCATED ON US HIGHWAY 1 LESS THAN 1 MILE FROM THE MAJOR INTERSECTION AND THE GATEWAY OF SR 442 & US 1. THE PROPERTY IS ZONED B-3 HIGHWAY COMMERCIAL WITH OVER 1,000 OF US 1 HIGHWAY FRONTAGE ALLOWING FOR VARIOUS BUSINESS/INVESTMENTS OPPORTUNITIES IN THIS CITY THAT IS PRO COMMERCIAL DEVELOPMENT. LOCATION HAS OVER 23,500 ANNUAL AVERAGE DAILY TRIPS (AADT) THAT PASSES THE FRONTAGE AND IS WALKING DISTANCE, WITH SIDEWALKS, FROM SEVERAL ESTABLISHED RESIDENTIAL DEVELOPMENTS. CITY WATER & SEWER AS WELL AS ELECTRIC AND COMMUNICATION LINES ARE ADJACENT TO THIS PROPERTY.

Details

MLS#1061737
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site88

Features

ZoningB-3HWY COM
Acreage14.50

Market Activity 32141

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Area Information
StateFL
CountyVolusia
CityEdgewater
Zip Code32141
AreaVolusia
Listing VS Median (in 32141)
Price:
$1,500,000
low | high
Med:
$227,900
100% of Average
On Site:
88
low | high
Med:
77
100% of Average
Sourced by Back At You
Listing Updated: March 8, 2021 8:01:26 PM PST
Tracey T Barlow LogoMLS Number: 1061737
Listing Provided By:
Tracey T Barlow  of  The Barnett Group Inc.
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