1042 N Dixie Freeway

New Smyrna Beach, FL 32168 (MLS # NS1089147)

Description.

Explore the mixed-use redevelopment potential of this 0.77-acre property along US-1 (N. Dixie Freeway) in New Smyrna Beach's CRA district, offering exceptional visibility, convenient accessibility, and opportunities for a future residential-commercial concept, subject to City approval. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1"”an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day, the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses. The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success. Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses. The property's commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential. Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in today's market. Community Redevelopment Incentive An additional advantage is the property's location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the City's application process, program requirements, funding availability, and final approval.

Features

  • AIR

    None

  • APPLIANCES

    None

  • AREA

    32168 - New Smyrna Beach

  • BASEMENT

    Crawl Space

  • CONSTRUCTION

    Wood Siding

  • EXTERIOR

    Lighting

  • HEAT

    None

  • INTERIOR

    In-Law Floorplan, Open Floorplan

  • LOT

    0.77 acre(s)

  • SEWER

    Public Sewer

  • STORIES

    1

  • STYLE

    Florida

  • SUBDIVISION

    RIVERSIDE PARK NEW SMYRNA

  • TAXES

    7333

  • UTILITIES

    Electricity Available, Sewer Available, Water Available

  • WATER

    Public

Location

Resources

Details: (1174728819) | [1789910706]

Price $925,000
Status Active
Beds 1
Baths 2 Baths
Home size 1,814 sqft
Lot Size 33,542 sqft
Days on Market 23
Explore the mixed-use redevelopment potential of this 0.77-acre property along US-1 (N. Dixie Freeway) in New Smyrna Beach's CRA district, offering exceptional visibility, convenient accessibility, and opportunities for a future residential-commercial concept, subject to City approval. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1"”an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day, the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses. The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success. Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses. The property's commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential. Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in today's market. Community Redevelopment Incentive An additional advantage is the property's location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the City's application process, program requirements, funding availability, and final approval.
Property Type(s): Single Family
Last Updated 9/1/2026 Tract RIVERSIDE PARK NEW SMYRNA
Year Built 1925 Community 32168 - New Smyrna Beach
County Volusia

SCHOOLS

Elementary School Chisholm Elem
Jr. High School New Smyrna Beach Middl
High School New Smyrna Beach High

Additional Details

AIR None
APPLIANCES None
AREA 32168 - New Smyrna Beach
BASEMENT Crawl Space
CONSTRUCTION Wood Siding
EXTERIOR Lighting
HEAT None
INTERIOR In-Law Floorplan, Open Floorplan
LOT 0.77 acre(s)
SEWER Public Sewer
STORIES 1
STYLE Florida
SUBDIVISION RIVERSIDE PARK NEW SMYRNA
TAXES 7333
UTILITIES Electricity Available, Sewer Available, Water Available
WATER Public
Listing provided by Ignacio Barsottelli, BARSOTTELLI PRIME REAL ESTATE, 781-983-4852
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/20/26 6:25 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.

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