Prime Retail Development Site!

Listed by Arnie Traub

Address: 523-531 N Dixie Freeway
City: New Smyrna Beach
State: Florida
Zip: 32168
Country: USA
Price: $779,000
Bus/Prop Type: Retail-Commercial
Business Name: BOCK PROPERTIES
Zoning: B-3
Year Built: 1950 		mls: 467646 / 705542

Lot SqFt: 5880
NOI: 16200
Road Frontage: 285
Lot Depth: 120
# Units: 6
# Parking Spaces: 13 

View a map of the area

Prime Retail Development Site!
This property has a 285+/- foot frontage on US Route #1 and 25,533 square feet of commercial space with 4 highway (curb) cut-ins. Possibilities include building 6,000 square feet of new retail space and keeping 523 N. Dixie Freeway or demolishing all that is there and replacing it with 8,000 square feet of new construction. The land is priced with an 8% cap rate on the completed project. The Flood Zone is X-500. This property consists of 5 lots, 523 - 531 N. Dixie Freeway. This is the opportunity of a lifetime!

Directions: US1 SOUTH TO 523 N DIXIE ON EAST SIDE OF US 1 (NORTH OF WASHINGTON)

Bldg Type/Loc: Commercial
Construction: Concrete Block, Wood Frame
Roof: Composition Shingle
Water: City
Sewer: Public Sewer
A/C: Central, Window/Wall Units
Heating: Central, Window/Wall Units
Ceiling Ht: 7-10 Feet High
Parking: Guest
Access/Transp: US Highway, City, 4 Lane, Divided
Utilities on Site: 200 Amp, Single Phase

Parcel ID:  744130050061 iMapp

 Site Improvements: Curb/Sidewalks, Pole Sign, Infrastructure In
Interior Improvements: Private Restrooms, Public Restrooms, Display Window, Kitchen Facility, Security System, Sprinkler System
Sale Includes: Building, Land
Possible Use: General Retail, Personal Service, Professional, Shopping Center, Showroom, Strip Center


View Stats