1007 S Washington Avenue Titusville, FL 32780
Office Units
Property Features for 1007 S Washington Avenue
General Information
- Standard status
- Active
- Size
- 1,228 SF
- Property subtype
- Office
Building Details
- Year Built
- 1939
Listing office Keller Williams Space Coast
Listing date Mar 18, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Space Coast
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location in Historic Downtown Titusville.
- Flexible Downtown Mixed Use (DMU) zoning suitable for office, mixed‑use, or retail.
- New roof and AC installed in 2022.
Local Financial Insights For Office B
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 | $26.5k | $21.60 |
| − Vacancy | −$4.2k | −$3.46 |
| EGI | $22.3k | $18.14 |
| − OpEx | −$5.6k | −$4.54 |
| NOI | $16.7k | $13.61 |
