1150 Turnbull Bay RdNew Smyrna Beach, FL 32168

Property Details for 1150 Turnbull Bay Rd

Year built

1991

Construction

WOOD

Lot size

2.00 AC

Property size (Sq ft)

27,002 SF

Property type

Retail properties

APN

7438-06-00-0151

APU

743806000151

Description

This exceptional 3,925-square-foot office space in New Smyrna Beach, Florida, is available immediately. Located at 1150 Turnbull Bay Rd (Cross Street: Fairview Dr.), this single-tenant property offers a versatile layout perfect for a variety of businesses. Built in 1991 and renovated in 1998, the building features one story and a private entrance with a reception area. The interior boasts a large main office or common area, currently divided into ten individual rooms adaptable to your needs (subject to owner approval). A full kitchen and break room with appliances are included, along with a furnished executive office, a potential assistant's office, and a large conference room with built-in shelving. Two bathrooms are conveniently located within the space. Ample parking is available directly outside the building and in an overflow lot nearby. The property is zoned I1 and is electrically powered. While connected to a warehouse via doors that remain closed, this office space offers complete independence. All measurements are approximate

• CAP approach

  CAP return

  Valuation

  6%

  $9,430,988

  6.5%

  $8,705,527

  7%

  $8,083,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,685,345

  Geo Method

  $7,595,868

• Alternative Use

  Use

  Valuation

  Residential

  $7,343,438

  Hospitality

  $6,726,550

  Educational

  $5,596,410

  Medical

  $5,788,880

  Retail

  $8,705,527

Location Insight

City

New Smyrna Beach

County

Volusia

State

Florida

Latitude

29.0412

Longitude

-80.9393

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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