Office Building with High
613 Orange St Titusville, FL 32796
613 Orange St, Titusville, FL, 32796
$550,000
For Sale
$550,000
Commercial property featuring an office building with a high-bay garage.
Property Size4,128 SF
Price / SF$133.24
Days on Market668
Property Features for 613 Orange St
General Information
- Standard status
- Active
- Size
- 4,128 SF
Listing Agency
CHARLES RUTENBERG REALTY ORLANDO
(407) 234-4799
Listed by
Doreen Allison · License #3512855
(407) 234-4799
Source
Exprealty
Added: Sep 18, 2024 Checked: Jul 16 at 3:53 pm
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 CHARLES RUTENBERG REALTY ORLANDO
Investment Insights
Based on property information with market context.
This commercial property for sale includes two buildings. It features an office building with a high bay garage in the rear. The property encompasses both 609 and 613 Orange St. The property size is 4128 square feet.
Key Highlights
- Commercial property for sale
- Office building
- High bay garage in rear
Local Financial Insights For Warehouse
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 | $34.7k | $8.40 |
| − Vacancy | −$1.2k | −$0.29 |
| EGI | $33.5k | $8.11 |
| − OpEx | −$5.0k | −$1.22 |
| NOI | $28.4k | $6.89 |
4,128 SF · lease $8.40/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$802.5K
$702.2K – $936.2K
NOI $56,174 @ 7.0% cap · market cap 10.21%
Second Best
Warehouse
$406.3K
$355.5K – $474.0K
NOI $28,442 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.09M
$953.0K – $1.27M
NOI $76,236 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Warehouse - Commercial property featuring an office building with a high-bay garage.
Where is this warehouse located?
The property is located at 613 Orange St Titusville, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial property for sale; Office building; High bay garage in rear
