1704 Nova RdHolly Hill, FL 32117

Property Details for 1704 Nova Rd

Lot size

11.00 AC

Property size (Sq ft)

124,000 SF

Property type

Land

Property subtype

Other land

Description

This exceptional 11-acre development opportunity in Holly Hill, Florida, presents a unique chance to capitalize on the booming Daytona Beach market. The property boasts 268 feet of frontage on Nova Road, a major thoroughfare with a daily traffic count of 28,500 vehicles. A building permit is already in hand for Phase 1: a three-story, 124,000-square-foot Class A self-storage facility. Construction estimates are $85 per square foot, allowing for immediate commencement of building. Phase 2 encompasses plans for 72 covered and 51 uncovered boat/RV parking spaces on the remaining 9 acres. Comprehensive engineering and St. Johns Water Management District permits are secured, with full building permits projected to be obtained within approximately 120 days. This prime location benefits from strong demographics, including a population of 73,000 within three miles and over 122,000 within five miles, with an average household income of $68,000. The site's proximity to beaches, Margaritaville, and I-95 further enhances its appeal. The seller is open to selling either the permitted Phase 1 storage facility separately or the entire 11-acre project. This is an unparalleled opportunity for institutional investors seeking a high-return, ready-to-develop self-storage and boat/RV parking facility in a rapidly growing area. The asking price for this exceptional investment is $2,400,000. The property is located at 1704 N Nova Rd, Holly Hill, FL 32117, in Volusia County.

Location Insight

City

Holly Hill

County

Volusia

State

Florida

Latitude

29.2432

Longitude

-81.0622

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