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2650 N Dixie Fwy 17,413 SF 100% Leased Office Building New Smyrna Beach, FL 32168 $2,300,000 ($132.09/SF)
Investment Highlights
- Unmatched visibility on US-1 / Dixie Freeway
- Functional layout, and flexible use possibilities
- Strategic location in growing New Smyrna market
Executive Summary
This well-positioned two-building office property offers rare flexibility and excellent visibility with over 400 feet of frontage along N. Old Dixie Highway. Building 1 is a 15,757 SF, two-story, elevator-served office building currently owner-occupied, and there is no rent roll available. The owner will vacate at closing, creating an exceptional opportunity for an owner-user or investor. The building’s layout is ideal for a multi-tenant configuration, with the potential to create 5–6 office suites ranging from 1,500–5,000 SF, pro forma stabilized Cap Rate 11.3%. A welcoming reception area and efficient floor plan support a variety of professional uses.
Building 2, consisting of 1,750 SF, is located directly north of Building 1. Both buildings share parking across the 1.81-acre campus, conveniently located on the north side of New Smyrna Beach, just 2 miles south of Port Orange and steps from the New Smyrna Beach Airport. A versatile opportunity in a high-demand market.
Building 2, consisting of 1,750 SF, is located directly north of Building 1. Both buildings share parking across the 1.81-acre campus, conveniently located on the north side of New Smyrna Beach, just 2 miles south of Port Orange and steps from the New Smyrna Beach Airport. A versatile opportunity in a high-demand market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,413 SF
Building Class
B
Year Built
1999
Price
$2,300,000
Price Per SF
$132.09
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,707 SF
Building FAR
0.22
Lot Size
1.81 AC
Zoning
R3 - R-3 MULTIPLE-FAMILY RESIDENTIAL
Parking
10 Spaces (0.57 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 7339-01-00-1190 | Improvements Assessment | $1,067,828 |
| Land Assessment | $102,900 | Total Assessment | $1,170,728 |
Property Taxes
Parcel Number
7339-01-00-1190
Land Assessment
$102,900
Improvements Assessment
$1,067,828
Total Assessment
$1,170,728
Contacts
-
Bob Rand, CCIM, SIOR -
Holly Booth -
Kayden Schaper -
Coldwell Banker Commercial Benchmark
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2650 N Dixie Fwy
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