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Property profile

2923 State Road 44 New Smyrna Beach, FL 32168

OFF-MARKET
Retail properties & Spaces
167,722 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 167,722 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2923 State Road 44 New Smyrna Beach, FL 32168
New Smyrna Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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