Wallace Rd

New Smyrna Beach, FL 32168

$225,000
Price
31,363 / 0.72
Lot Size / Acres
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Description

Prime development opportunity in the heart of New Smyrna Beach’s thriving business district! This 0.72-acre vacant lot is zoned B-2 (Highway Business) , offering exceptional flexibility for a variety of commercial or mixed-use development possibilities. The zoning allows for multifamily residential construction , making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location,...Prime development opportunity in the heart of New Smyrna Beach’s thriving business district! This 0.72-acre vacant lot is zoned B-2 (Highway Business) , offering exceptional flexibility for a variety of commercial or mixed-use development possibilities. The zoning allows for multifamily residential construction , making this an ideal site for investors, developers, or builders looking to capitalize on the strong growth and demand in the area. Positioned in a highly visible and accessible location, the property sits within close proximity to major thoroughfares, established businesses, retail, dining, and the vibrant coastal lifestyle that makes New Smyrna Beach one of Central Florida’s most desirable markets. Seller already has development plans drafted , providing a valuable head start for buyers interested in bringing a multifamily or mixed-use project to life. With nearly three-quarters of an acre to work with, this parcel offers ample space and outstanding potential for income-producing development. Opportunities like this are rare in such a prime location. Don’t miss your chance to secure a strategically located parcel with strong investment potential in one of Florida’s fastest-growing coastal communities. Highlights: 0.72 acres vacant land B-2 (Highway Business) zoning Multifamily development permitted Seller has preliminary development plans drafted Located in the heart of the New Smyrna Beach business district Excellent opportunity for investors and developers

Buyer must verify all permitted uses and options for the property with the municipality BEFORE making any offer.
  1. Listed by Donna Concannon • Brokerage DRE #1047704 • NSB HOMES LLC
    P: (386)-427-0439 C: (386)-235-8588 donna@nsbhomes.com
  2. Listed by David Kosmas • Brokerage DRE #1047704 • NSB HOMES LLC
    P: (386)-453-6017 C: (386)-453-6017 david@nsbhomes.com

Property Details for Wallace Road

Subdivision Name
HAWLEY
Township
17S
Waterfront
No
LISTING UPDATED: 03/14/2026 03:49 PM

Property Details for Wallace Road

StatusActive
MLS #NS1087589
Days on Market47
Taxes$1,576 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size0.72 AC
CountyVolusia County
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Location

Listing Courtesy of NSB HOMES LLC, Donna Concannon; NSB HOMES LLC, David Kosmas
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Building Information for Wallace Road

Lot Size0.72 AC

Payment Calculator

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$1,264 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,133

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Wallace Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From I-95, Exit 249 for New Smyrna Beach heading EAST on State Road 44. ???
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Access Road, City Street
  • Street Name: WALLACE
  • Street Suffix: ROAD
  • State: FL
  • City: NEW SMYRNA BEACH
  • Between US 1 River YN: No
  • Geolocation: NSB Mainland:N of 44 E 95
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Tax Block: 00
  • Tax Book Number: 1-75
  • Tax Legal Description: 24-17-33 PART OF LOT 10 W OF CR & N OF RR BEING 175.3 FT ON N/L & 124 FT ON W/L HAWLEY SUB PER OR 3935 PG 4691 PER OR 5713 PGS 3890-3891 PER OR 8310 PG 1011 PER OR 8692 PG 2797
  • Tax Lot: 10
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Central Business District, Fire Hydrant
  • Lot Size Dimensions: 140 x 175
  • Parcel Number: 732401000102
  • Total Acreage: 1/2 to less than 1
  • Water Access: No
  • Water Extras: No
  • Zoning: B-2
  • Lot Dimensions: 140 x 175
Property and Assessments
  • Flood Zone Code: AE
  • Public Survey Range: 33E
  • Public Survey Section: 24
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public, Sewer Available, Water Available
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for Wallace Road

DateEvent & SourcePriceAppreciation
Mar 14, 2026

Listed (Active)

MFRMLS #NS1087589

$225,000—
DateEvent & SourcePrice
03/14/2026

Listed (Active)

MFRMLS #NS1087589

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Wallace Road

This home is within Volusia.
Rating
School
Type
Grades
Distance
Read-Pattillo Elementary School
Public - PK to 5
New Smyrna Beach Middle School
Public - 6 to 8
New Smyrna Beach High School
Public - 9 to 12
Samsula Academy
Charter - K to 5
Rating
School
Distance
Read-Pattillo Elementary School
PublicPK to 5

New Smyrna Beach Middle School
Public6 to 8

New Smyrna Beach High School
Public9 to 12

Samsula Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about Wallace Road, New Smyrna Beach, FL 32168

Wallace Road is a 0.72 ac of land for sale in New Smyrna Beach, FL 32168. This property was listed for sale on March 14, 2026 by NSB HOMES LLC, it's currently listed at $225,000. This listing's school district is Volusia. Nearby schools include Read-Pattillo Elementary School, New Smyrna Beach Middle School and New Smyrna Beach High School. Wallace Road is a 0-bed, 0-bath, 0.72 ac of land on a 31,363 sq. ft. / 0.72 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NSB HOMES LLC, Donna Concannon; NSB HOMES LLC, David Kosmas

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/14/2026 03:49 PM