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    2923 State Road 44 New Smyrna Beach, FL 32168

    Sponsored
    For Lease
    Contact for pricing

    Five Suites, High-Traffic Location, Volusia County.

    Lot size:
    167,722 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity, known as the Shoppes at Coronado, presents five available suites totaling 167,722 square feet within a 1.04 to 1.6-acre lot. Located at 2923 State Road 44 in New Smyrna Beach, Florida (zip code 32168), this property boasts a highly visible position, benefiting from significant daily traffic on I-95 (41,500 vehicles). The property is classified as commercial retail with multiple tenancies, making it ideal for a variety of businesses. Its location in Volusia County, within a primarily under-retailed area, presents a unique chance to establish a strong presence in a growing market. The expansive square footage and multiple suites offer flexibility for various business models and sizes. This prime location and substantial space provide an excellent investment opportunity for businesses seeking high visibility and accessibility. The property's address is easily accessible from I-95, ensuring high traffic volume and exposure to a large customer base. The size of the lot provides ample space for parking and potential future expansion. This is a rare opportunity to secure a prominent retail location in a thriving area.

    Property Features for 2923 State Road 44

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    167,722 SF

    Unit(s) available at that property

    Space
    Out 1A
    Size
    0 SF
    Space
    Out 1B
    Size
    0 SF
    Space
    Out 2
    Size
    0 SF
    Space
    Out 6
    Size
    0 SF
    Space
    Out 9
    Size
    0 SF

    HighLights

    • New Smyrna Beach, FL Market
    • 167,722 Square Feet Total Building Area
    • Currently No Spaces Available for Lease
    • 1.22‑Acre Outparcel Available (OUT1A)
    • 1.24‑Acre Outparcel Available (OUT1B)
    • 1.60‑Acre Outparcel Available (OUT2)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Pharmacy Auto Parts Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.9933233
    Latitude
    29.0145518

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    FAQs

    What type of property is this?
    Retail property - Five Suites, High-Traffic Location, Volusia County.
    Where is this retail property located?
    The property is located at 2923 State Road 44 New Smyrna Beach, FL.
    What are key features of this property?
    This property features: New Smyrna Beach, FL Market; 167,722 Square Feet Total Building Area; Currently No Spaces Available for Lease
    Request Owner's contact information
    2923 State Road 44 New Smyrna Beach, FL 32168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2923 State Road 44 New Smyrna Beach, FL 32168
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