Freestanding Retail
2153 STATE ROAD 44 New Smyrna Beach, FL 32168
2153 STATE ROAD 44, New Smyrna Beach, FL, 32168
$850,000
For Sale
$850,000
Freestanding concrete retail building with fixed storefront glass, concrete floors, and a roll-up north garage door.
Property Size3,430 SF
Lot Size0.75 Acres
Price / SF$247.81
Days on Market439
Property Features for 2153 STATE ROAD 44
General Information
- Standard status
- Active
- Size
- 3,430 SF
- Lot size
- 0.75 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1973
Listing agency
COLLADO REAL ESTATE
(386) 427-0002
Listed by
Pat Collado · License #636547
(386) 427-0002
Source
Exitrealty
Added: May 11, 2025 Updated: Jul 22 at 2:50PM Checked: Jul 22 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLLADO REAL ESTATE
Investment Insights
Based on property information with market context.
This property consists of a nearly 3/4-acre site with 165 feet of road frontage and includes a 3,430-square-foot free-standing concrete building. The building features concrete floors and fixed-pane storefront glass windows, along with a 1/2 bath. Operational features include two A/C units and a roll-up north garage door. The roof was installed in 2017.
The site is located on the north side of SR 44 (westbound), across from “Tractor Supply.” The front of the property is positioned across from a median that supports ingress and egress, and the property provides ample on-site parking for customers. I-95 is approximately 2 miles away.
Underground storage tanks and piping have been removed. Zoning is B-4CA and R-4CA per county records.
The site is located on the north side of SR 44 (westbound), across from “Tractor Supply.” The front of the property is positioned across from a median that supports ingress and egress, and the property provides ample on-site parking for customers. I-95 is approximately 2 miles away.
Underground storage tanks and piping have been removed. Zoning is B-4CA and R-4CA per county records.
Key Highlights
- Almost 3/4‑acre site on S.R. 44 in New Smyrna Beach with 165 ft of road frontage
- Free‑standing 3,430 SF concrete building with concrete floors and fixed pane storefront glass windows
- Property includes 1/2 bath, two A/C units, and a roll‑up north garage door
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $15.00 |
| − Vacancy | −$5.3k | −$1.55 |
| EGI | $46.2k | $13.46 |
| − OpEx | −$13.8k | −$4.04 |
| NOI | $32.3k | $9.42 |
3,430 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$461.5K
$403.8K – $538.4K
NOI $32,305 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$884.9K – $1.18M
NOI $70,795 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Freestanding concrete retail building with fixed storefront glass, concrete floors, and a roll-up north garage door.
Where is this storefront property located?
The property is located at 2153 STATE ROAD 44 New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Almost 3/4‑acre site on S.R. 44 in New Smyrna Beach with 165 ft of road frontage; Free‑standing 3,430 SF concrete building with concrete floors and fixed pane storefront glass windows; Property includes 1/2 bath, two A/C units, and a roll‑up north garage door
