Spacious Medical Office Near
1855 JESS PARRISH COURT Titusville, FL 32796
1855 JESS PARRISH COURT, Titusville, FL, 32796
$750,000
For Sale
$750,000
Office - TITUSVILLE, FL
Property Size5,352 SF
Lot Size0.52 Acres
Price / SF$140.13
Days on Market444
Property Features for 1855 JESS PARRISH COURT
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- HM
- Standard status
- Active
- APN
- 21 3533-00-254.1
- Size
- 5,352 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12020.49
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Building materials
- Brick, Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
MUTTER REALTY
(321) 269-9855
346 S WASHINGTON AVE, FL
Listed by
James Mutter · License #3218212
(321) 269-9855
Added: Apr 29, 2025 Checked: Jul 16 at 7:06 pm
MLS# O6304127
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5352 square foot medical office is located in Titusville, Florida, near Parrish Medical Center, major roadways, and local amenities. The property is situated on US 1, offering visibility and accessibility within the Titusville community. The interior is designed to support a high-volume practice, featuring 9 exam rooms, a dedicated x-ray room, and 3 private physician offices. Additional interior spaces include a waiting room, reception area, and separate offices for management, billing, and scheduling. The property includes a private parking lot with 22 parking spots. The building has 2 air conditioning units that are 7 years old. The roof and water heater have been recently replaced. The property is suitable for a large practice, specialty group, or multi-provider clinic. The lot size is 0.52 acres. A vacant 1.44-acre lot south of the building is also for sale.
Key Highlights
- Spacious 5352sf medical office strategically located near Parrish Medical Center and major roadways.
- Fully built‑out and move‑in ready with 9 exam rooms, dedicated x‑ray room, and 3 private physician offices.
- Ideal for a large practice, specialty group, or multi‑provider clinic with dedicated management, billing, and scheduling offices.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.0k | $22.80 |
| − Vacancy | −$9.8k | −$1.82 |
| EGI | $112.3k | $20.98 |
| − OpEx | −$44.9k | −$8.39 |
| NOI | $67.4k | $12.59 |
5,352 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$1.04M
$910.4K – $1.21M
NOI $72,830 @ 7.0% cap · market cap 9.71%
Second Best
Healthcare Medical
$962.3K
$842.0K – $1.12M
NOI $67,358 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,841 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mc Shane Robert ...
Physician
Orthopedic Center Of Titusville
Physician
Rojas Joseph E ...
Physician
Hanna Ramy S ...
Physician
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FAQs
What type of property is this?
Medical Office Space - Move-in ready medical office near Parrish Medical Center.
Where is this medical office space located?
The property is located at 1855 JESS PARRISH COURT Titusville, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Spacious 5352sf medical office strategically located near Parrish Medical Center and major roadways.; Fully built‑out and move‑in ready with **9 exam rooms, dedicated x‑ray room, and 3 private physician offices.**; Ideal for a large practice, specialty group, or multi‑provider clinic with dedicated management, billing, and scheduling offices.
