|Price/Rent PSF||$ 750,000.00|
SEC of Sugar Mill Drive and Pioneer Trail
This premier 2.77+/- acre commercial development site is located at the lighted intersection of Sugar Mill Dr. and Pioneer Tr. in booming New Smyrna Beach. The site is located just east of the planned Pioneer Trail exit off of I-95 and is across from an existing BP gas station. Property has over 500' of frontage on Pioneer Trail and serves as a commercial outparcel to the Landings at Sugar Mill residential subdivision. The PUD agreement allows commercial uses consistent with B-2 Neighborhood Business District zoning in the City of New Smyrna Beach.
The area is exploding with new residential growth including Geosam's Venetian Bay (2,000 du's) and ICI Homes' Woodhaven (1,200 du's) to the west and Geosam's brand new Coastal Woods (1,200 du's) community to the south. Geosam is also planning a major commercial development project for the southern end of Coastal Woods along SR 44.