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Property profile

205 Magnolia St New Smyrna Beach, FL 32168

FOR LEASE
Parking lots & garages
Property ID
US18-3691963
6,042 SF 0.34 ac lot Built 1912
Last sale May 2026 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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205 Magnolia St, New Smyrna Beach, FL 32168 For Lease
Contact for pricing 6,042 SF available
205 Magnolia St, New Smyrna Beach, FL 32168
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Property summary

AI-generated overview

A commercial office building located in the downtown district of New Smyrna Beach, Florida, near Canal Street, on a 0.34-acre lot. The building contains approximately 6,102 square feet of interior space and is configured with a flexible layout that can support use by an owner-user and also accommodate multiple tenants. The property is positioned for access to I-95 and I-4 and includes on-site parking. Uses may include medical offices, professional services, creative studios, and retail space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$366k
Assessed land$154k
Assessed improvement$212k
Effective rate1.82%

Value estimate

· Oct 2026
$230k
$207k – $253k
Submarket $/SF estimate$2.65M
NOI build-up
Gross scheduled income$131k
Vacancy & credit loss−$11k
Operating expenses−$45k
NOI · 56.15% cap applied$75k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$673/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$149 – $1,016

Cap rate analysis

How does the asset earn?
56.15%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy9.9
Bakery9.6
Auto Parts Store9.3

Location

205 Magnolia St New Smyrna Beach, FL 32168
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Dixie, New Smyrna Beach, FL 32168-6704 $500,000 Sep 2024 2,043 SF
1311 Dixie, New Smyrna Beach, FL 32168 $1,925,000 Nov 2023 3,720 SF
1601 Canal, New Smyrna Beach, FL 32168-8515 $1,375,000 Nov 2022 5,947 SF
2320 Eslinger, New Smyrna Beach, FL 32168-9389 $5,535,000 Oct 2022 1,708 SF
640 Dora, New Smyrna Beach, FL 32168-6464 $53,000 Mar 2019 2,475 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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