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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

424 Luna Bella Ln New Smyrna Beach, FL 32168

2,015 SF Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 2,015-square-foot restaurant/deli space is available for lease in the thriving Venetian Bay Town Center in Volusia County. Built in 2007, this single-tenancy property is zoned PUD and offers unparalleled visibility and accessibility within a rapidly growing residential community. The location boasts prime exposure and benefits from a substantial existing customer base of approximately 2,900 homes within walking distance, with plans for further expansion to over 4,000 homes. Adding to the already strong demographics, 322 new apartments are currently under construction directly across the street, significantly increasing the potential customer pool to an estimated 7,000+. The average household income in the area exceeds $75,000, presenting a highly attractive market for a food service business. The property offers excellent building signage opportunities. The space is currently vacant and ready for immediate occupancy. Estimated common area maintenance (CAM), real estate taxes, and insurance are $7.35 per square foot. Strategically located west of Interstate 95, between Pioneer Trail and State Road 44, just off Airport Road, this property provides convenient access and high visibility for optimal business success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 2,015 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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