Property profile

1231 Gdn St 207 Titusville, FL 32796

OFF-MARKET
Office Spaces
Property ID
US18-0630892
9,364 SF 0.26 ac lot Built 1978
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional three-building office and retail complex, situated on 1.14 acres in Titusville, Florida, offers 20,000 square feet of space across 13 suites. Built in 1986, the property boasts recently renovated suites, a fresh coat of paint, updated façade signage, and a newly renovated parking lot. The meticulously maintained landscaping enhances the professional image of this multi-tenant property. Seven spaces are currently available, ranging from 600 to 2,709 square feet, perfect for a variety of businesses. The complex benefits from a highly visible location on the Garden Street corridor, surrounded by major retail anchors including Publix, Dollar General, McDonald's, Wendy's, Family Dollar, Beall's Outlet, Payless Shoes, Sally Beauty, Ace Hardware, Burger King, Walgreens, CVS Pharmacy, and Kentucky Fried Chicken. The property is zoned for office and retail use and features a prominent monument sign. This is an excellent opportunity to establish a presence in a thriving Titusville commercial hub. The property's address is 1231 Garden St, Titusville, FL 32796, and its APN is 22-35-04-01-00042.3-0000.00. The property is located in Brevard County and the Titusville submarket.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,364 SF
Lot 0.26 ac (11,326 SF)
APN 22-35-04-01-00042.3-0000.00
UPID US18-0630892

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Management Consultant
  • Real Estate Agency
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store

Location

1231 Gdn St, Unit 207 Titusville, FL 32796-3310
Titusville metro Census 60700 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$766k
Blend (final) Blend
$300k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2018
$712,500
2018
$712,500
2002
$329,800

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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