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Wallace Road
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PRICED AT ONLY: $225,000

Address: Wallace Road, NEW SMYRNA BEACH, FL 32168

Description

Prime development opportunity in the heart of New Smyrna Beachs thriving business district! This **0.72 acre vacant lot** is zoned **B 2 (Highway Business)**, offering exceptional flexibility for a variety of commercial or mixed use development possibilities. The zoning allows for **multifamily residential construction**, making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Floridas most desirable markets. **Seller already has development plans drafted**, providing a valuable head start for buyers interested in bringing a multifamily or mixed use project to life. With nearly three quarters of an acre to work with, this parcel offers ample space and outstanding potential for income producing development. Opportunities like this are rare in such a prime location. Dont miss your chance to secure a strategically located parcel with strong investment potential in one of Floridas fastest growing coastal communities. **Highlights:** * 0.72 acres vacant land * B 2 (Highway Business) zoning * Multifamily development permitted * Seller has preliminary development plans drafted * Located in the heart of the New Smyrna Beach business district * Excellent opportunity for investors and developers Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.

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  • MLS#: NS1087589 ( Land )
  • Street Address: Wallace Road
  • Viewed: 21
  • Price: $225,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 5

Description

Prime development opportunity in the heart of New Smyrna Beachs thriving business district! This **0.72 acre vacant lot** is zoned **B 2 (Highway Business)**, offering exceptional flexibility for a variety of commercial or mixed use development possibilities. The zoning allows for **multifamily residential construction**, making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Floridas most desirable markets. **Seller already has development plans drafted**, providing a valuable head start for buyers interested in bringing a multifamily or mixed use project to life. With nearly three quarters of an acre to work with, this parcel offers ample space and outstanding potential for income producing development. Opportunities like this are rare in such a prime location. Dont miss your chance to secure a strategically located parcel with strong investment potential in one of Floridas fastest growing coastal communities. **Highlights:** * 0.72 acres vacant land * B 2 (Highway Business) zoning * Multifamily development permitted * Seller has preliminary development plans drafted * Located in the heart of the New Smyrna Beach business district * Excellent opportunity for investors and developers Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Central Business District, Fire Hydrant
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: None
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: Access Road, City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public, Sewer Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Current Use: Commercial
  • Legal Description: 24-17-33 PART OF LOT 10 W OF CR & N OF RR BEING 175.3 FT ON N/L & 124 FT ON W/L HAWLEY SUB PER OR 3935 PG 4691 PER OR 5713 PGS 3890-3891 PER OR 8310 PG 1011 PER OR 8692 PG 2797
  • Area Major: 32168 - New Smyrna Beach
  • Parcel Number: 7324-01-00-0102
  • Views: 21
  • Zoning Code: B-2
Nearby Subdivisions
Arnold   Billville   Edson Ridge   Ellison Acres 03   Glencoe Farms   Grimsley Healy In Lewis Homes   Hall   Hamilton Add   Hawley   Howe   Howe Currier   Howe Curriers Allotment   Howe Curriers Allotment 13   Howe And Curriers Allotment   Liberty Village   Liberty Village Sub   Lockharts Sub   Lots M Sub   Lovejoy 02 In Middle 03 Hull G   Lowds   Murray Farms   Not In Subdivision   Not On The List   Oliver   Pearl Lake Estates 1   Quail Roost Ranches   Spanish Mission Heights   Turnbull Bay Country Club   Turnbull Plantation Ph 01  
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