available +/- 1475 sf port orange office/condo...property overview this 1475 sf office condo is well...

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SVN | ALLIANCE COMMERCIAL REAL ESTATE ADVISORS | 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL 32174 OFFERING MEMORANDUM AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO 4240 S. RIDGEWOOD AVE. UNIT 4 PORT ORANGE, FL 32127 Tim C. Davis, CCIM Principal/ Senior Vice President 386.566.4917 [email protected]

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Page 1: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

SVN | ALLIANCE COMMERCIAL REAL ESTATE ADVISORS | 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL 32174 OFFERING MEMORANDUM

AVAILABLE+/- 1475 SFPORT ORANGEOFFICE/CONDO4240 S. RIDGEWOOD AVE. UNIT 4PORT ORANGE, FL 32127

Tim C. Davis, CCIMPrincipal/ Senior Vice [email protected]

Page 2: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

OFFERING SUMMARY

Sale Price: $185,000

Building Size: 1,475 SF

Zoning: RD (Ridgewood

Development)

Ceiling Height 13'

Price / SF: $125.42

PROPERTY OVERVIEWThis 1475 SF office condo is well positioned in Port Orange with 170 ft offrontage on US-1 just This stretch of US-1 has a 22,500 AADT and providesaccess to other major arterial roads such as Dunlawton Ave which leads toI-95 and A1A . Unit four is the end cap unit in the building and offers windowson the North and East sides. It's dimensions are 25 ft wide by 59 ft deep andhas and has a ceiling height of 13 ft. The unit would have 6 available parkingspaces combined between the front and rear parking lots, giving and a parkingratio of 4.4 per 1,000 SF. This unit does feature a 10' bay door on the rear, andcould be used as some light flex space as well.

PROPERTY HIGHLIGHTS

• 1475 SF Office Condo

• Campus like setting and landscaping

• 170 ft of frontage on US-1 for exception signage and visibility

• 13' high ceilings, 25' of width and x 59' of depth

• Mens and Womens Restrooms

• 22,500 AADT - Average Annual Trips per Day

Property Summary

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 2

All SVN® offices are independently owned and operated.

Page 3: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

PROPERTY OVERVIEW

This 1475 SF office condo is well positioned in Port Orange with 170 ft of frontage on US-1 just This stretch of US-1 has a 22,500

AADT and provides access to other major arterial roads such as Dunlawton Ave which leads to I-95 and A1A . Unit four is the

endcap unit in the building and offers windows on the North and East sides. It's dimensions are 25 ft wide by 59 ft deep and has

and has a ceiling height of 13 ft. The unit would have 6 available parking spaces combined between the front and rear parking lots,

giving and a parking ratio of 4.4 per 1,000 SF. This unit does feature a 10' bay door on the rear, and could be used as some light

flex space as well.

LOCATION OVERVIEW

Centrally located just 0.28 miles to Dunlawton which has direct access 3.5 miles to I-95 and the Port Orange Pavilion, 0.5 miles to

the Eastport Business Park and the New Port Orange Riverwalk Park, 1.4 miles to the Nova and Dunlawton intersection which has a

Publix anchored shopping center on the southeast corner. Just 1.3 miles to A1A via the Dunlawton Bridge and a short 15 minutes to

the Daytona International Airport and the Daytona International Speedway.

Property Description

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 3

All SVN® offices are independently owned and operated.

Page 4: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

Photos

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 4

All SVN® offices are independently owned and operated.

Page 5: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

Map

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 5

All SVN® offices are independently owned and operated.

Page 6: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

Zoning

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 6

All SVN® offices are independently owned and operated.

Page 7: AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/CONDO...PROPERTY OVERVIEW This 1475 SF office condo is well positioned in Port Orange with 170 ftof ... AADT and provides access to other major

1275 West Granada BoulevardSuite 5BOrmond Beach, FL 32174T [email protected]

PROFESSIONAL BACKGROUND

Tim Davis comes to the commercial real estate business as a continuation of a

lifetime of entrepreneurial endeavors. Founding a few small businesses in his

teenage years and onward, they included automotive related manufacturing,

multiple retail businesses, and internet startups. He is now practicing commercial

real estate with a broad service area in Northeast & Central Florida

His commercial real estate career has led to the brokerage of all property types and

classes including extensive work with lenders in the troubled assets arena and REO

disposition. Since 2009, he has participated in the sale of the largest land parcels on

the Atlantic Ocean in Daytona Beach (including sites of the new Hard Rock Hotel

and Westin Resort), and as of June 2017, has sold 16 direct oceanfront hotel/condo

development sites.

Davis is a graduate of the University of Central Florida, with a B.S. in Management &

Finance. In addition to real estate, Tim founded two manufacturing companies

producing components for the automotive aftermarket.

*Since 2009, Tim has brokered commercial troubled(REO) assets for over a dozens

of different lenders, from large banks such as Bank of America, Wells Fargo,

Suntrust, Regions, Fifth Third, regional banks, and even single branch community

banks.

*General Partner and sponsor in several syndicates focused on repositioning

income properties to unlock yield.

* Served as Vice President and General Manager of a international equine company,

importing horses from Europe, Arabians and DHH.

Mr. Davis has brokered every asset type in all property classes, including land,

office, warehouse, multi-family, hospitality, chattel property, Single-Tenant Net

Lease Investment property, and retail development sites. These combined skill sets

lead to unequalled depth and reach in the northeast central Florida market.

Specialties: Industrial Sales, Retail & Hospitality Land, with a focus on Oceanfront

Development Sites

EDUCATION

BSBA University of Central Florida, Management/Finance

MEMBERSHIPS & AFFILIATIONS

CCIM - Certified Commercial Investment Member

ICSC - International Council of Shopping Centers

TIM C. DAVIS, CCIM

Principal/ Senior Vice President

Advisor Bio

AVAILABLE +/- 1475 SF PORT ORANGE OFFICE/ CONDO FOR SALE OR LEASE | 4240 S. RIDGEWOOD AVE. UNIT 4, PORT ORANGE, FL 32127SVN | Alliance Commercial Real Estate Advisors | Page 7

All SVN® offices are independently owned and operated.