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Spacious Medical Office Near Parrish

1855 Jess Parrish Court Titusville, FL 32796

1855 Jess Parrish Court, Titusville, FL, 32796
$750,000
For Sale
Claim this Listing
$750,000

Move-in ready medical office near Parrish Medical Center.

Property Size5,352 SF
Lot Size1.44 Acres
Price / SF$140.13
AddedApr 29, 2025
Days on Market443
Last RefreshMay 28 at 10:27 pm

Property Features for 1855 Jess Parrish Court

General Information

Standard status
Active
Size
5,352 SF
Lot size
1.44 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1974

Listing office Mutter Realty

Listing date Apr 29, 2025

Source Exitrealty

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 Mutter Realty


Investment Insights

Based on property information with market context.

This 5352 square foot medical office is strategically located in Titusville near Parrish Medical Center, major roadways, and local amenities, offering excellent visibility and accessibility on US 1. The interior layout is designed to support a high-volume practice, featuring 9 exam rooms, a dedicated x-ray room, and 3 private physician offices. It also includes a waiting room, reception area, and 6 offices for management, billing, and scheduling. The property has a private parking lot with 22 parking spots. The building has 2 air conditioner units that are 7 years old. The roof and water heater have recently been replaced. This facility is ideal for a large practice, specialty group, or multi-provider clinic. A vacant 1.44-acre lot south of the building is also for sale, offering room to grow. This move-in-ready space provides the foundation for long-term success, whether expanding an existing practice or launching a new one.

Key Highlights

  • Spacious 5352sf fully built‑out medical office.
  • Prime location near Parrish Medical Center and major roadways.
  • Ideal for large practice, specialty group, or multi‑provider clinic.

Local Financial Insights For Healthcare Medical

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 $122.0k $22.80
− Vacancy −$9.8k −$1.82
EGI $112.3k $20.98
− OpEx −$44.9k −$8.39
NOI $67.4k $12.59
5,352 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Office B
$1.04M
$910.4K – $1.21M (±1% cap)
NOI $72,830 @ 7.0% cap · market cap 9.71%
Second Best
Healthcare Medical
$962.3K
$842.0K – $1.12M (±1% cap)
NOI $67,358 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,841 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mc Shane Robert ... Physician Orthopedic Center Of Titusville Physician Rojas Joseph E ... Physician Hanna Ramy S ... Physician

Suggested Use

Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm Dental Office Pharmacy Furniture & Home Goods Garden Center Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Move-in ready medical office near Parrish Medical Center.
Where is this medical office space located?
The property is located at 1855 Jess Parrish Court Titusville, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Spacious 5352sf fully built‑out medical office.; Prime location near Parrish Medical Center and major roadways.; Ideal for large practice, specialty group, or multi‑provider clinic.
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