Property profile

424 S Deleon Ave Titusville, FL 32796

FOR SALE
Truck terminals
Property ID
US18-1881542
7,773 SF 0.42 ac lot Built 1965
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 7,800-square-foot warehouse, built in 1965, is situated on a 0.96-acre lot in Titusville, Florida (Brevard County, zip code 32796). The property, zoned C-WAREHOUS, offers significant potential for various business uses. The single-story building presents a versatile space ideal for storage, manufacturing, distribution, or creative studios. The large lot, fully paved and fenced, provides ample outdoor space. Its strategic location offers easy access to key transportation arteries, being approximately 30 minutes from Orlando International Airport, 5 minutes from Mosquito Lagoon, and 15 minutes from the beach. The property's size and location make it particularly attractive for investors seeking high rental income potential. Additional revenue streams could be generated from the ample outdoor space, suitable for RV or boat storage. The asking price is $1,799,000, translating to $231 per square foot. The property is owned by a corporation and the APN is 22250401000500001400. This is a prime opportunity for businesses seeking a functional and strategically located warehouse.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1965
Construction STEEL FRAME
Total area 7,773 SF
Lot 0.42 ac (18,295 SF)
Zoning code UMU
APN 22-35-04-01-00050.0-0014.00
UPID US18-1881542

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

424 S Deleon Ave Titusville, FL 32796
Titusville metro Census 60700 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$400,000
5 recorded transactions
2024
Price N/A
2022
$400,000
2022
Price N/A
2021
Price N/A
2013
$50,000

Zoning & alternative use

UMU · Titusville, FL
Zoning description

The Urban Mixed-Use (UMU) district is special district to be applied to the area north of Pine Street, west of the Florida East Coast Railroad, and east of Park Avenue intended to create a walkable, pedestrian-friendly e…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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