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Lasbury Tracy Realty Inc
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$6,800,000

Active

720 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.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

720 Magnolia St, New Smyrna Beach, FL 32168

Listing courtesy of KINCAID REALTY · MLS# NS1089486 · Active

How would you like to see it?
Which day?
What time of day?

In person · Wed, Oct 14 · Midday (12-3)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 14, 2026, 1:05 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]