4685 Magnolia Rd New Smyrna Beach, FL 32168

Property Details for 4685 Magnolia Rd

Property type

Commercial real estate

Description

This exceptional 7.5-acre commercial land parcel, located at 4685 Magnolia Road in New Smyrna Beach, Florida, presents a unique investment opportunity. Priced at $199,000, this property boasts a substantial 326,264.4 square foot lot size (Parcel # 723100000471). Conveniently situated just 15 minutes from I-95, the land offers complete privacy due to its secluded location. The property is partially cleared and includes a small enclosed structure, adding potential for immediate use or future development. Existing infrastructure includes a 125-foot deep well and electric power, further enhancing its appeal. An elevated driveway extends from the front gate to the well and electric box, providing convenient access. The seller is actively improving the land and is committed to assisting the buyer in obtaining a non-conforming lot letter (required for lots under 10 acres) and a biological/wetland determination survey. Prospective buyers are encouraged to conduct their own due diligence. All information provided is believed to be accurate but is not guaranteed. This property offers significant potential for a variety of commercial ventures, making it an attractive investment in a desirable Florida location. The property's size and existing utilities make it ready for immediate development or long-term holding.