$225,000
Wallace Road New Smyrna Beach, FL 32168
For Sale MLS# NS1087589
Commercial
Details for Wallace Road
MLS# NS1087589
Description for Wallace Road, New Smyrna Beach, FL, 32168
Prime development opportunity in the heart of New Smyrna Beach’s 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 Florida’s 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. Don’t miss your chance to secure a strategically located parcel with strong investment potential in one of Florida’s 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.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.72 Acres
Subdivision: Hawley
Current Use: Commercial
County: Volusia
Utilities
Sewer: Public Sewer
Other Utilities: Electricity Available,Municipal Utilities,Sewer Available,Water Available,Water Not Available
Exterior / Lot Features
Lot Dimensions: 140x175
Additional Exterior/Lot Features: Central Business District
Community Features
Security Features: Fire Hydrant(s)
Driving Directions
From I-95, Exit 249 for New Smyrna Beach heading EAST on State Road 44. ???
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 7324-01-00-0102
Tax Amount: 1575.56
Tax Year: 2025
A broker reciprocity listing courtesy: NSB HOMES LLC
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for Wallace Road
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby Wallace Road
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.