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Financial
Distress signals
Property profile

400 Canal St New Smyrna Beach, FL 32168

FOR SALE
Other investment properties
Property ID
US18-5471149
5,312 SF 0.07 ac lot Built 1918
Last sale Aug 2026 · $2,500,000
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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Property summary

AI-generated overview

A 1918-built corner storefront property located at 400 Canal St. in downtown New Smyrna Beach, occupying the intersection of Canal Street and Palmetto Street. The building is constructed with solid block walls, has high ceilings, and includes an elevator for vertical access. The existing layout and frontage along a downtown retail corridor support storefront commercial use, with suitability for concepts such as a restaurant, bar, or other commercial operation subject to applicable approvals.

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?
$11k
Tax billed · 2023
Assessed value$643k
Assessed land$106k
Assessed improvement$537k
Effective rate1.72%

Value estimate

· Oct 2026
$840k
$756k – $924k
AI approach$975k
CAP approach$1.01M
Submarket $/SF estimate$1.05M
NOI build-up
Gross scheduled income$119k
Vacancy & credit loss−$9k
Operating expenses−$27k
NOI · 2.93% cap applied$82k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$394/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$206 – $634
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.93%
$82k 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
Pharmacy9.8
Bakery9.3
Tech Support Center8.1

Location

400 Canal St New Smyrna Beach, FL 32168
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
307 Orange, New Smyrna Beach, FL 32168-6733 $1,050,000 Nov 2024 4,007 SF
115 Live Oak, New Smyrna Beach, FL 32168-7113 $1,300,000 Mar 2024 3,525 SF
204 Magnolia, New Smyrna Beach, FL 32168-7126 $1,250,000 Aug 2023 4,422 SF
311 Orange, New Smyrna Beach, FL 32168-6733 $920,000 Jan 2023 5,035 SF
1200 Dixie, New Smyrna Beach, FL 32168-6006 $1,500,000 Nov 2022 7,200 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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