Built-Out Medical Office with
For Sale
$750,000
1855 JESS PARRISH Court, Titusville, FL 32796
SINGLE_FAMILY - TITUSVILLE, FL
Property Size5,352 SF
Lot Size0.52 Acres
Price / SF$140.13
Days on Market463
Property Features for 1855 JESS PARRISH Court
General Information
Property type
Residential
Property subtype
Office
Zoning
HM
Subdivision
SAID MORGAN LAND SUB
Lot features
Central Business District, City Limits
Directions
US 1 north of Garden St. Pass AKO restaurant. Building on right side. Parking on east side of building.
Standard status
Active
APN
21 3533-00-254.1
Size
5,352 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PART OF NE 1/4 OF NW 1/4 & PART OF S 1/2 OF GOVT LOT 1 AS DES IN ORB 1406 PG 709
Tax Annual Amount
12020
Legal Description
PART OF NE 1/4 OF NW 1/4 & PART OF S 1/2 OF GOVT LOT 1 AS DES IN ORB 1406 PG 709
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1974
Floors in Building
1
Building materials
Brick, Frame
Roof type
Shingle
Listing Agency:
MUTTER REALTY · Real Living
(321) 269-9855
Listed By:
James Mutter · License #3594768
(321) 269-9855
Added: Apr 29, 2025
Changed: Jul 20
Last Checked: Aug 4 at 10:06PM
MLS# O6304127
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This built-out medical office offers a practical patient-care layout and dedicated support spaces. The interior includes nine exam rooms, a dedicated x-ray room, three private physician offices, a waiting room and reception area, plus separate offices for management, billing, and scheduling. The property also includes private parking with 22 spaces.
The facility is located on US 1 near Parrish Medical Center and local amenities, with accessibility to major roadways. The improvements include two air conditioning units that are approximately seven years old, and the roof and water heater have just been replaced. Zoning is HM.
A vacant lot located south of the building is also for sale and is listed at 1.44 acres, providing potential for additional development alongside the existing medical office.
The facility is located on US 1 near Parrish Medical Center and local amenities, with accessibility to major roadways. The improvements include two air conditioning units that are approximately seven years old, and the roof and water heater have just been replaced. Zoning is HM.
A vacant lot located south of the building is also for sale and is listed at 1.44 acres, providing potential for additional development alongside the existing medical office.
Key Highlights
- 5,352 SF fully built‑out medical office (9 exam rooms, dedicated x‑ray room) built in 1974
- 3 private physician offices plus separate management, billing, and scheduling offices; reception and waiting room
- Private parking lot with 22 parking spots
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
NOI $72,830 @ 7.0% cap · market cap 9.71%
Second Best
Healthcare Medical
$962.3K
$842.0K – $1.12M
NOI $67,358 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,841 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Garden Street Animal Hospital — 2220 Garden St, Titusville, FL 32796
Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready medical office with 9 exam rooms, dedicated x-ray room, and 22 on-site parking spaces.
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: 5,352 SF fully built‑out medical office (9 exam rooms, dedicated x‑ray room) built in 1974; 3 private physician offices plus separate management, billing, and scheduling offices; reception and waiting room; Private parking lot with 22 parking spots
