This is Volusia Countys premiere I-95 interchange development opportunity! 180+/- acres with 1942ft of frontage on State Road 44 & 3324ft of I-95 exposure this is one of the last remaining large commercial tracts available at this busy interchange on the rapidly growing SR-44 corridor. New Smyrna Beach is Orlandos Beach drawing consumers from every walk of life. Beyond that domestic & international tourists alike flock to the area to enjoy a change of pace from the chaos of the theme parks. New Smyrna is centrally located to all of the park attractions & large metropolitan areas; 1 hour from Disney 1.5 hours from Jacksonville & under 2 hours from Tampa/St Petersburg. The population of residents local to the area is growing too with the popular Venetian Bay community sitting just west of the parcel & the City of Edgewater under 5 miles away the next exit south. The potential footprint of this location reaches residents of the New Smyrna Beach Daytona Port Orange Edgewater Oak Hill & Samsula areas. Port Orange a neighboring city of NSB is a prime example of the opportunity in a similar concept. Over the past decade Port Orange has experienced a swell of residential & commercial growth & has become an economic development hub. Boasting a tastefully developed main thoroughfare to I-95 both E & W bound with restaurants retail stores public parks & the long awaited Pavilion at Port Orange. The Pavilion is an open air shopping center with multiple eateries & a 14 screen movie theater. This project was greatly anticipated and continues to be well received by residents of Port Orange & surrounding cities. With this type of success only 4 miles away the consumer demand is here and tangible. Add that with the aggregate of development projects & proposals lining SR-44 this is truly an advantageous opportunity & a cache of unlimited possibilities for the future of New Smyrna Beach.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 2988 State Road 44, New Smyrna Beach, FL 32168 is currently for sale.
2988 State Road 44 is listed for $26,000,000.
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