21.4 Acres on SR 44 Corridor

SR 44 & Glencoe Rd (SW Corner) New Smyrna Beach, FL 32168

SR 44 & Glencoe Rd (SW Corner), New Smyrna Beach, FL, 32168
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FOR SALE Incentives
Property Type:
Big Box Retail
Amount:
$3,098,127
Last Verified:
Jul 17, 2017

Highlights

  • Excellent transportation links with I-4, U.S. 1 and SR 44 thoroughfares.
  • 5 Miles West of Orlando's busiest beach destination
  • Trade Area Population: 94,488
  • High Average Income: $65,400

Description

Lighted Intersection on SR 44
DEVELOPMENT OPPORTUNITY: 21.4 Acres with 790 Front Feet on SR 44 Corridor and 550 Front Feet on Glencoe Road.
Located 1 Mile East of I-95 Interchange on a corner lot with traffic light.
Zoned BPUD/R-1

Traffic Light SW Corner Lot East of I-95

Lot Size: 21.4 acres

Map of SR 44 & Glencoe Rd (SW Corner), New Smyrna Beach, FL, 32168

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.