Land at SUGAR MILL DR, NEW SMYRNA BEACH
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$2,500,000

SUGAR MILL DR
NEW SMYRNA BEACH, FL 32168
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

**PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY IN NEW SMYRNA BEACH!** Strategically located approximately 475 feet from the intersection of State Road 44 and Sugar Mill Drive and half a mile from the Interstate 95 interchange (Exit 249), this approximately 4.79-acre parcel offers outstanding development potential in one of the area's growing commercial corridors. Situated adjacent to Geosam's Coastal Woods Commercial development and near expanding residential communities, the property benefits from excellent regional accessibility and proximity to ongoing residential and commercial growth. **Designated ACT (Activity Center) Future Land Use under the City of New Smyrna Beach Comprehensive Plan**, the property offers potential for a broad range of commercial and mixed-use development opportunities, including professional and medical offices, retail establishments, restaurants, hotels and other hospitality accommodations, service commercial, and compatible residential or mixed-use projects. Additional possibilities may include self-storage or specialty commercial facilities, subject to applicable land use regulations. Currently zoned A-3, the property is cleared and extends from Sugar Mill Drive to Oak Lane, offering potential flexibility in site planning and development. With its strategic location near SR 44 and I-95, proximity to new residential communities, and Activity Center Future Land Use designation, this property presents an excellent opportunity for developers, investors, and commercial end users. All proposed uses, development intensity, utility availability, and site improvements are subject to verification and applicable governmental approvals. See attached for owner provided survey, soil, and preliminary feasibility studies. These can be provided to interested parties upon request as well.

Property details

MLS
Stellar MLS
MLS #
MFRO6452710
Property type
Land
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
4.77 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
CHISHOLM ELEMENTARY SCHOOL
2.94 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
459
Student:teacher ratio
12.4:1
District
VOLUSIA
Middle
NEW SMYRNA BEACH MIDDLE SCHOOL
3.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,065
Student:teacher ratio
17.8:1
District
VOLUSIA
High
NEW SMYRNA BEACH HIGH SCHOOL
2.99 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,887
Student:teacher ratio
22.2:1
District
VOLUSIA

Walkability

Blended score for NEW SMYRNA BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

48
Somewhat walkable
out of 100
EPA National Walkability Index
11.7 / 20 -- Above average walkable
Google Places amenity density
33 / 100
Restaurants & cafes7
Grocery stores1
Parks0
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in NEW SMYRNA BEACH, from live MLS data.

On the market 0 days -- 163 fewer days than NEW SMYRNA BEACH's current average of 163 days.
For reference, the median list price across 973 active listings in NEW SMYRNA BEACH right now is $440,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.