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Property profile & analytics
OFF-MARKET Estimated value $900,000
Investment properties

419 Canal St New Smyrna Beach, FL 32168-7009

3,120 SF 0.07 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US19-0485166
Property summary
AI-generated overview

This vibrant 3,120-square-foot mixed-use building, situated on historic Canal Street in New Smyrna Beach, Florida (32168), presents a unique investment opportunity. Built in 1950 and renovated in 2002, the single-story property boasts a brand new roof (May 2024), a glass storefront with awning, and signage. The space features 9'-4" ceilings and two bathrooms, one ADA compliant. Convenient rear access/egress is also available. Two dedicated parking spaces are located at the rear, supplemented by ample public parking in front. The property's Mixed Use (MU) zoning allows for a variety of business uses, including the potential for division into multiple tenant spaces. Located in a bustling area with boutiques, restaurants, breweries, and parks, this location benefits from high pedestrian traffic and frequent street closures for events like art festivals and car shows, maximizing business exposure. The property is conveniently located near the City Marina and Brannon Center, adding to its appeal. The total land area is 0.07 acres, and the building is served by a 200A power supply. All information is believed to be accurate but is not guaranteed

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,120 SF
Lot 0.07 ac (3,230 SF)
Zoning code B1
APN 7441-37-01-0165
UPID US19-0485166
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
$900k
CAP Approach CAP
$595k
Comparable Approach Comparable
$762k
Blend (final) Blend
$900k
Owner & transaction history
Tn Properties 3 LLC · 2 yrs held
Tn Properties 3 LLC
since 2024
Last sale
$900,000
6 recorded transactions
2024
$900,000
2023
Price N/A
2022
Price N/A
2020
Price N/A
2019
$600,000
2005
$300,000
Zoning & alternative use
B1 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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