225 Memorial Pkwy New Smyrna Beach, FL 32168
This exceptional 5.37-acre commercial land parcel presents a remarkable investment opportunity in the thriving New Smyrna Beach market. Located at 225, 245, and 265 Memorial Parkway, this property boasts unparalleled visibility and accessibility, situated at the southeast interchange of State Road 44 and Interstate 95. Its Commercial PUD zoning allows for a wide range of development possibilities, making it ideal for medical or professional office buildings. The site benefits from its adjacency to the new 30,000 square foot AdventHealth Medical Plaza, further enhancing its desirability and potential for synergistic development. The high-traffic location on a major thoroughfare provides direct access to the beaches and central Florida, ensuring high visibility and convenient access for businesses and customers. The property's strategic position within a rapidly growing area, anchored by a Walmart Supercenter on the northwest side of SR 44 and I-95, underscores its long-term investment potential. The APN is 7322-01-00-0040. This is a rare opportunity to acquire a significant commercial land holding in a prime location with exceptional growth prospects. The property's size and location make it suitable for a variety of commercial developments, capitalizing on the area's robust economic activity and population growth. This is a must-see for developers and investors seeking a high-impact investment in a dynamic Florida market. The property is located in Volusia County, Florida, zip code 32168.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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