40+/- SFR Lot Development Site

647 Louella Street New Smyrna Beach, FL 32168

647 Louella Street, New Smyrna Beach, FL, 32168
647 Louella Street, New Smyrna Beach, FL, 32168 647 Louella Street, New Smyrna Beach, FL, 32168
FOR SALE
Property Type:
Residential Land Development
Amount:
$765,000
Last Verified:
Jul 26, 2017

Highlights

  • Exceptional 17+/- Acre residential development site near Pioneer Trail
  • Site will yield 40-45 single family residential lots
  • Minimum lot width of 75' (Opportunity to get higher pricing than the smaller lots nearby)
  • Conceptual site plans are available
  • Incredible location surrounded by high velocity subdivisions
  • Trade area has strong demographics and showcases national, regional and local builders
  • Near Sabal Lakes (DR Horton selling 10 houses a month!) and brand new Coastal Woods (Geosam/DR Horton) subdivisions
  • All utilities are available to site

Description

Exceptional 17+/- Acre residential development site near Pioneer Trail
Site will yield 40-45 single family residential lots
Minimum lot width of 75' (Opportunity to get higher pricing than the smaller lots nearby)
Conceptual site plans are available
Incredible location surrounded by high velocity subdivisions
Trade area has strong demographics and showcases national, regional and local builders
Near Sabal Lakes (DR Horton selling 10 houses a month!) and brand new Coastal Woods (Geosam/DR Horton) subdivisions
All utilities are available to site

Main entrance off of Pioneer Trail on Main St, between Sugar Mill Dr and Glencoe Rd


Year Built: 0
Building Size: 0.0sq ft
Lot Size: 17.0 acres

Map of 647 Louella Street, New Smyrna Beach, FL, 32168

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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.