Ground-Floor Office
For Sale
Contact for pricing
109 S Park Avenue #109, Titusville, FL 32796
Three private offices and a bathroom provide a practical layout for a small business.
Property Size900 SF
Price / SF$1.00
Days on Market23
Property Features for 109 S Park Avenue #109
General Information
Standard status
Active
Size
900 SF
Property subtype
Office
Additional Details
Floor
Ground Floor
Property Use
Office
Building Details
Year Built
1986
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Oct 8
Changed: Oct 30
Last Checked: Oct 29 at 2:36PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This ground-floor office unit contains 900 square feet, arranged as three offices and one bathroom. The configuration provides distinct office rooms within a compact commercial space.
Key Highlights
- 900‑square‑foot ground‑floor office unit
- Three offices and one bathroom
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,247
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,940
$244.9K
Cap Rate 7%
$174,957
$175.0K
Cap Rate 9%
$136,078
$136.1K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$19.4K $21.60/SF
− Vacancy
−$3.1K −$3.46/SF
EGI
$16.3K $18.14/SF
− OpEx
−$4.1K −$4.54/SF
NOI
$12.2K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,940
Cap Rate 7%
$174,957
Cap Rate 9%
$136,078
Alternative Uses
Best Use
Office B
$175.0K
$153.1K – $204.1K
NOI $12,247 @ 7.0% cap · market cap 1,360.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.4K
$207.8K – $277.0K
NOI $16,621 @ 7.0% cap · market cap 1,846.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
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Business Placement
Demographics for 32796, FL
20,818
Population
9,670
Households
2.2
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
14.4 sq mi
ZIP Area
1,446
Density / Sq Mi
$67,399
Median Household Income
$40,368
Median Earnings
$1,305
Median Rent
$243,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Three private offices and a bathroom provide a practical layout for a small business.
Where is this office unit located?
The property is located at 109 S Park Avenue #109 Titusville, FL.
What are key features of this property?
This property features: 900‑square‑foot ground‑floor office unit; Three offices and one bathroom; Built in 1986
