185 Charles Richard Beall BlvdDeBary, FL 32713

Property Details for 185 Charles Richard Beall Blvd

Year built

2016

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.77 AC

Property size (Sq ft)

40,096 SF

Property type

Grocery and convenience stores

APN

8027-15-00-0030

APU

802715000030

Description

The Shops at Pine Meadow is a thriving 42,000 square foot retail shopping center located in Volusia County, Florida. This center boasts a strong anchor tenant, a Walmart Neighborhood Market, ensuring consistent high traffic flow. The property comprises 1.38 acres of land and features a diverse mix of inline retail tenants, including Coldwell Banker Coast Realty, Metro PCS, Paul Mitchell Hair Salon, and an Urgent Care facility. Currently, there is one remaining outparcel available, presenting a unique opportunity for expansion or investment. The existing inline retail space totals 11,200 square feet, offering a variety of established businesses. This property is ideally situated within a busy commercial area, providing excellent visibility and accessibility for potential tenants. The strong tenant mix and prime location make this a highly desirable investment opportunity for those seeking a stable and profitable retail property. The available outparcel provides a blank canvas for a new business or expansion of an existing one, capitalizing on the established success of the shopping center. Serious inquiries are encouraged to explore this exceptional retail offering.

• CAP approach

  CAP return

  Valuation

  6%

  $10,032,993

  6.5%

  $9,261,224

  7%

  $8,599,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,279,310

  Geo Method

  $11,279,310

• Alternative Use

  Use

  Valuation

  Residential

  $7,812,189

  Hospitality

  $7,155,923

  Educational

  $5,953,644

  Medical

  $6,158,399

  Retail

  $9,261,224

Location Insight

City

Debary

County

Volusia

State

Florida

Latitude

28.8988

Longitude

-81.3043

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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