NEW SMYRNA BEACH, FL 32168 1042 N DIXIE FREEWAY

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Presented By: BARSOTTELLI PRIME REAL ESTATE with 386-401-8008. - 781-983-4852
  • MLS# NS1088852
  • 07/28/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 1,814

Home Details

Prime Commercial Redevelopment Opportunity – New Smyrna Beach, Florida Exceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors. 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.
Presented By: BARSOTTELLI PRIME REAL ESTATE with 386-401-8008. - 781-983-4852

Interior Features for 1042 N DIXIE FREEWAY

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NNo

General for 1042 N DIXIE FREEWAY

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityNEW SMYRNA BEACH
Construction MaterialsWood Siding
CoolingNone
CountyVolusia
DirectionsDirectly on US-1. Coming from North it'll be on your right.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionLOTS 5 6 7 & 8 EXC RD RWY REVISED MAP BLK 14 RIVERSIDE PARK NEW SMYRNA PER MB 7 PG 14 PER OR 5224 PG 2191
Listing TermsCash, Owner May Carry
Living Area UnitsSquare Feet
Lot Size Square Feet33500
Lot Size UnitsSquare Feet
MLS Area32168 - New Smyrna Beach
New ConstructionNo
Occupancy TypeVacant
Other StructuresOther
OwnershipFee Simple
PossessionClose Of Escrow
Property ConditionUnder Renovation
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
Standard StatusActive
StatusActive
Subdivision NameRIVERSIDE PARK NEW SMYRNA
Tax Annual Amount7333
Tax Lot5
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1925
Zoning10B3

Exterior for 1042 N DIXIE FREEWAY

Building Area Total2042
Foundation DetailsSlab
Lot Size Acres0.77
Lot Size Area33500
Number of Buildings2
Road Frontage TypeState Road
Road Surface TypeAsphalt
VegetationOak Trees, Trees
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $925,000
MLS#NS1088852
List Date 07/28/2026
Property Type Commercial
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