New Smyrna Beach, FL
Commercial Real Estate Market Trends & Data

$928 per SF Avg asking sale price
$22 per SF Avg asking lease rate
76,475 SF Avg unit lease size
9,792 SF Avg building size for sale
6.36% Average cap rate

New Smyrna Beach's Demographic Profile

New Smyrna Beach has 19,432 households and a median income of $68,654, providing context for rent absorption and tenant demand across retail and multifamily assets. A +14% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 39,844
# Households 19,432
Median age 58
Median household income $68,654
Avg household size 2.0
Renter-occupied housing units 4,503
5-year population change +14%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Port Orange $302 2,055 SF 7.13%
Daytona Beach $220 9,606 SF 16.55%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
New Smyrna Beach $278 7,656 SF 9.00%
Daytona Beach $231 12,007 SF 9.02%
Nearby Retail Markets Avg Cost/SF Typical Size
New Smyrna Beach $521 6,291 SF
Edgewater $536 10,407 SF
Osteen $579 3,450 SF
Port Orange $336 7,141 SF
Oak Hill $313 1,855 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Daytona Beach $283 29,776 SF 10.43%
South Daytona $552 37,414 SF 7.00%

Commercial Properties For Sale in New Smyrna Beach

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

722 Airport Rd

New Smyrna Beach, FL 32168

  • 18.10 AC Lot
  • 1 Agricultural Lot
  • $1,600,000
For Sale

907 Canal St, New Smyrna Beach, FL 32168-6940

New Smyrna Beach, FL 32168

  • 0.30 AC Lot
  • 1 Commercial Lot
  • $189,000
For Sale

Fully Approved Commercial Site(s)

Edgewater, FL 32141

  • 4.24 AC Lot
  • 1 Commercial Lot
  • $1,908,000
For Sale

702 W Park Ave

Edgewater, FL 32132

  • 8,000 SF Industrial Building
  • $385,000
For Sale

Riverwood Park | 33± Waterfront Acres

Oak Hill, FL

  • $6,175,000
For Sale

1042 N Dixie Fwy

New Smyrna Beach, FL 32168

  • 0.70 AC Lot
  • 1 Commercial Lot
  • $995,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether New Smyrna Beach pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
New Smyrna Beach $928 9,792 SF
Edgewater $1,344 8,708 SF
Osteen $519 2,558 SF
Port Orange $323 12,323 SF

Regional Demographic Comparison

This comparison places New Smyrna Beach alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in New Smyrna Beach or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
New Smyrna Beach 39,844 19,432 58 $68,654 2 4,503 14%
Edgewater 25,104 10,671 50 $53,129 2 2,028 10%
Osteen 1,221 483 51 $71,249 2 37 11%
Ponce Inlet 5,467 2,796 66 $90,708 2 259 18%
Port Orange 64,080 27,991 47 $58,153 2 7,328 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in New Smyrna Beach, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in New Smyrna Beach

View All Commercial Real Estate For Sale in New Smyrna Beach
Is New Smyrna Beach a good market for a first-time commercial real estate investor?

New Smyrna Beach offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in New Smyrna Beach?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in New Smyrna Beach. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in New Smyrna Beach?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for New Smyrna Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does New Smyrna Beach compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to New Smyrna Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for New Smyrna Beach acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in New Smyrna Beach, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends