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Property profile & analytics
OFF-MARKET
Commercial real estate

400 Orange St New Smyrna Beach, FL 32168

1,280 SF Built 1940
Property ID
US18-6303670
Property summary
AI-generated overview

This exceptional 1,280-square-foot commercial office building, situated on a 5,549.54-square-foot lot in New Smyrna Beach, Florida, presents a compelling investment opportunity. Located at 400 N Orange Street, this Class C property boasts a desirable B-3 (HIGHWAY COMMERCIAL) zoning, allowing for a variety of commercial uses. Built in 1940 and extensively renovated in 2022, the single-story building features a well-designed layout including a conference room, individual offices, a tiled restroom, rear storage room, kitchen, and breakroom. The property includes rear parking with crushed asphalt milling and convenient access to US Highway 1 via Murray Street (one-way alleyway). Currently occupied, the existing tenant will vacate at the end of November 2024, providing immediate occupancy thereafter. The asking price is $539,900, translating to $421 per square foot. This free-standing building offers a unique blend of functionality and location, making it an ideal investment for discerning buyers. The property is offered for sale as a single unit.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 1,280 SF
UPID US18-6303670
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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