Price Improvement | 38,000 VPD | Vacant Value/Add
16,526 Sq Ft
Marketing description
Situated directly on State Road 44 (FL-44), a major east-west thoroughfare, connecting to I-95 and US-1, ensuring high visibility and accessibility. This property benefits from high visibility and steady traffic from both locals and tourists, 38,000 VPD. With 16,526 square feet of versatile space, the property offers numerous redevelopment layout provide a solid foundation for creative conversion to meet evolving market demands. As a vacant, high-profile site on a key retail corridor, this property is primed to become an anchor for new developments, offering substantial leverage in lease negotiations or redevelopment planning.
This offering consists of two contiguous parcels strategically positioned in a high-growth corridor of New Smyrna Beach, FL. Zoned B-3 (Highway Business District), these properties provide a unique opportunity for both income generation and future development, making them ideal for investors seeking a combination of stabilized returns & long-term appreciation.
Investment highlights
Adjacent Parcels: Parcel: 734302010010 (estimate 1.21 acre) Existing Structure & Parcel: 734302010015 (Estimate 1.27 acre) Vacant Development Opportunity
High-Traffic Exposure – Situated on FL-44, a Major East-West Artery with 38,000 Daily Vehicle Counts.
possibilities, acreage .87 retention pond, 1.62 building area, pending buyer due diligence. Formerly a Harley Davidson dealership, the existing robust structure and
Show Room 10,696 SF, Service Room 3,325 SF, Warehouse 2,505 SF
61 Parking Spaces with 40 Shared Spaces w/Neighboring Restaurant
Proforma Rents $22 - $27 psf
Deed Restricted no Restaurants
70% Homeowner to 30% Renter Ratio
Zoned B-3
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