$6,800,000
Active720 Magnolia St, New Smyrna Beach, FL 32168
34,717 sq ft
Listing courtesy of KINCAID REALTY · MLS# NS1089486
Listed today
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than 30 years of history serving the local community. The offering includes the 18,625 square foot storage building at 720 Magnolia Street and nine units within a 14 unit industrial complex on Live Oak Street. Each Live Oak Unit offers approximately 1800 square feet , with a 10' x 12' roll up door or the option to have one. The property is zoned light industrial ( see attached ) . Building and 9 Units are configured and operated as a storage facility totaling 329 units. Together, these properties provide a combined acquisition opportunity for buyers seeking an established presence in the local self-storage market. The Magnolia building and all nine Live Oak units are offered as one package at $6,800,000. The seller may also consider selling the Live Oak units individually, subject to acceptable pricing and terms. With its longstanding business history and first-time market availability, this offering warrants consideration by storage operators, investors, and buyers seeking to expand their real estate and business holdings in the New Smyrna Beach area. 2026 Planned paid improvements include exterior paint , new roof, Hardie board gables and gutters on Live Oak St building. 2023 improvements include new roof, Hardie board gables, paint and gutters on Magnolia St building Climate controlled , new PDK keypads for 24 hr access on Live Oak units and new camera/security system in place on both buildings
Facts
- Property type
- Warehouse
- Year built
- 1988
- Exposure
- East
- Flood zone
- X500
- Annual taxes
- $24,842/yr
- Monthly fees
- $125/mo
- Listed
- Oct 12, 2026
- MLS #
- NS1089486
Commercial details
Building & site
- Building size
- 35,232 SF
- Office / retail space
- 34,717 SF
- Lot size
- 0.9 acres (39,060 SF)
- Zoning
- 10I1
- Ceiling height
- Varied
- Road frontage
- 248 ft · City Street
- Buildings
- 2
- Building features
- Bathrooms, Fencing, Outside Storage, Overhead Doors
Investor metrics
- Price per SF (MLS)
- $193.01/SF
- Units
- 10
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
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720 Magnolia St, New Smyrna Beach, FL 32168
Listing courtesy of KINCAID REALTY · MLS# NS1089486 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
