Prime Development Opportunity on U. S. Highway 1/Ridgewood Avenue. Discover an exceptional 2.98-acre parcel at the bustling intersection of U. S. Highway 1 and Ridgewood Avenue in Volusia County, Florida—perfectly positioned for your next venture. With prime commercial frontage and a cleared, ready-to-build site, this property offers unmatched visibility and accessibility, just minutes from Edgewater's vibrant amenities. Key Highlights:Strategic Location: Direct highway exposure ensures high traffic flow. Steps from essential retailers including Walgreens, Publix, Dollar General, Winn-Dixie, Dunkin' Donuts, Taco Bell, and Aldi's—ideal for drawing customers and employees. Zoning Flexibility: Front portion zoned B-3 (Commercial) for retail, office, or service businesses; rear acreage zoned Residential for homes, apartments, or mixed-use developments. Eligible for annexation into the City of Edgewater for added benefits. Development-Ready: Former home fully demolished and site cleared. Impact fee credits in place to reduce startup costs. Survey available upon request. Full Utilities: City water and sewer on-site; all other utilities (including gas line at the street) readily accessible—no delays in getting started. Versatile Potential: Launch a thriving commercial enterprise upfront while reserving space for residential builds in the rear. Envision a dynamic mixed-use project with apartments above shops or a cluster of small homes—endless possibilities on nearly 3 acres. The motivated seller is open to owner financing for qualified buyers, making this an even more attainable opportunity. Don't miss your chance to capitalize on this high-potential gem—contact us today for details and to schedule a viewing!
The purpose and intent of the R-3 Urban Single-Family Residential Classification, is to provide medium-low-density residential developments, preserving the character of existing or proposed residential neighborhoods.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational/school
Fire house
Recreation
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Edgewater, FL • 32141
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2794 S Ridgewood Ave S
$282,919
$26K under list price of $309K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $268K to $315K.