0 Paige Ave New Smyrna Beach, FL 32168
This exceptional 24.5-acre parcel presents a unique investment opportunity in the thriving New Smyrna Beach, Florida market. Located just south of the New Smyrna Beach Regional Center, anchored by a Publix supermarket, this strategically positioned land offers convenient access to major thoroughfares. Accessible from Paige Avenue to the west and Mission Drive (via Vics Way) to the east, the property enjoys quick connections to I-95, downtown New Smyrna Beach, Flagler Avenue, and the beach. Its versatility is highlighted by its suitability for a range of uses, including residential, industrial, and agricultural development. Currently zoned R-4 in Volusia County, the property likely requires rezoning to accommodate specific development plans. The site's central location and proximity to amenities make it an attractive proposition for developers seeking to capitalize on the high demand for infill residential projects in this desirable coastal community. The asking price for this expansive tract is $1,250,000. The property's address is Paige Ave, New Smyrna Beach, FL 32168, situated in Volusia County. Detailed zoning information and development possibilities are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area.
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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No recorded transactions found for this property.
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Risks
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