Property profile

701 E 3Rd Ave 4 New Smyrna Beach, FL 32169

FOR LEASE
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Property ID
US18-3758816
16,066 SF 0.54 ac Built 2018
Last sale Jul 2021·$2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
701 E 3Rd Ave,Unit 4, New Smyrna Beach, FL 32169 For Lease
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701 E 3Rd Ave,Unit 4, New Smyrna Beach, FL 32169
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Property summary

AI-generated overview

The property is a 2,097 sq. ft. unit within Springhill Plaza, Unit 4, part of a six-unit office complex. Constructed in 2018, the unit is positioned at the corner of E. 3rd Avenue and Saxon Drive with approximately 150 feet of frontage along E. 3rd Avenue. It is zoned B2 and configured for professional or service-based business uses, in New Smyrna Beach’s beachside corridor near Flagler Avenue and the ocean.

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?
$47k
Tax billed · 2023
Assessed value$2.62M
Assessed land$483k
Assessed improvement$2.14M
Effective rate1.78%

Value estimate

· Nov 2026
$3.22M
$2.90M – $3.54M
AI approach$3.79M
Submarket $/SF estimate$3.30M
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI$31k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
County average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$74 – $251
Qualifying comparables3

Cap rate analysis

How does the asset earn?
$31k 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?
B3
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.4
Law Firm16.0
Building Supply13.3

Location

701 E 3Rd Ave, Unit 4 New Smyrna Beach, FL 32169
County assessor Recorded deeds · 5 transfers 3 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

8 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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