Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1925
Sq.Footage
1,814
Explore the mixed-use redevelopment potential of this 0.77-acre property along US-1 (N. Dixie Freeway) in New Smyrna Beach’s CRA district, offering exceptional visibility, convenient accessibility, and opportunities for a future residential-commercial concept, subject to City approval. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1—an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day, the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses. The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success. Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses. The property's commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential. Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in today's market. Community Redevelopment Incentive An additional advantage is the property's location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the City's application process, program requirements, funding availability, and final approval.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, In-Law Floorplan
-
Total Bedrooms
1
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Other Exterior Features
Lighting
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.77
-
Lot Size(square feet)
33,500
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Florida
Price
-
Sales Price
$925,000
-
Tax Amount
$7,333
-
Sq. Footage
1,814
-
Price/SqFt
$509
HOA
-
Association
No
School District
-
Elementary School
Chisholm Elem
-
Middle School
New Smyrna Beach Middl
-
High School
New Smyrna Beach High
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp, Accessible Central Living Area
-
Foundation Details
Brick/Mortar, Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5
-
Water Source
Public
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Location
County
Volusia
Elementary School
Chisholm Elem
Middle School
New Smyrna Beach Middl
High School
New Smyrna Beach High
Listing Courtesy of Ignacio Barsottelli , BARSOTTELLI PRIME REAL ESTATE
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