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Property profile & analytics
OFF-MARKET Estimated value $715,000
Grocery and convenience stores

2153 State Rd 44 New Smyrna Beach, FL 32168-8358

3,430 SF 0.78 ac lot Built 1973
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US18-0595718
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,086 square foot concrete block building situated on a 0.78-acre lot in New Smyrna Beach, Florida. The property boasts approximately 165 feet of road frontage on State Road 44, a main thoroughfare serving as a key gateway to the city. Its strategic location offers unparalleled visibility and accessibility, placing it within two miles of Interstate I-95, providing convenient access to major transportation routes. The building itself features a recently updated roof (January 2017) and is one of the few properties available east of I-95, a short distance from the beach. The property is zoned B4CA and R4CA, offering versatility for various commercial and residential uses. The asking price is $999,000, translating to a price per square foot of $312.04. This presents a rare chance to acquire a substantial property in a high-demand area with significant potential for future growth and development. The single-story building provides ample space for a variety of uses, and the large lot size allows for potential expansion or redevelopment. Don't miss this opportunity to own a piece of prime New Smyrna Beach real estate.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,430 SF
Lot 0.78 ac (33,816 SF)
Zoning code B4
APN 7343-06-00-0512
UPID US18-0595718
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
AI Approach AI
by Request
CAP Approach CAP
$800k
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
2153 Safar LLC
2153 Safar LLC
since 2025
Last sale
$781,500
7 recorded transactions
2025
$781,500
2025
Price N/A
2024
Price N/A
2014
$100
2001
$500,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B4 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $850,000 +38.8%
Retail stores $765,000 +24.9%
Warehouse, storage $710,000 +15.8%
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