Titusville Industrial Building For
2075-2095 Silver Star Road, Titusville, FL 32796
Three-unit industrial building in Titusville with flexible zoning.
Type:Commercial/Industrial
Property size:
11,153 SFLot size:
0.43 AcresPrice / SF:
$112/SF- Added:
- Oct 30, 2024
- Days on Market:
- 580
- Last Refresh:
- May 19 at 8:55 pm
Property Features for 2075-2095 Silver Star Road
General Information
- Standard status
- Active
- Size
- 11,153 SF
- Lot size
- 0.43 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1971
Listing agent Zachary Michael Ullian License #3445627 (321) 750-3439
Listing office The Ullian Realty Corporation (321) 750-3439
Listing date Oct 30, 2024
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 The Ullian Realty Corporation
HighLights
- Three‑unit industrial building with M‑1 zoning, ideal for warehousing, light manufacturing, distribution, or service/repair.
- Benefit from a total of five grade‑level doors for easy access.
- Unit B features a 4,560 SF block warehouse with 16' 10'' +/- clear height and a 588 SF mezzanine.
- Conveniently located near Interstate 95, Kennedy Space Center, and Port Canaveral.
- Features a new well water filtration system.
- Located near major employers including Arthur Dunn Airport, Eastern Florida State College, and Parrish Medical Center.
Overview
This industrial building in Titusville features three units. Unit A is a metal warehouse with an estimated area of 1,445 square feet and a clear height of approximately 13 feet 7 inches. Unit B is a block warehouse, offering an estimated 4,560 square feet of space, a mezzanine of 588 square feet, and a clear height of approximately 16 feet 10 inches. Unit C is a metal warehouse with an estimated area of 4,560 square feet and a clear height ranging from 14 feet 6 inches to 15 feet. The property includes a total of five grade-level doors. Utilities include 3-phase 120/240v 200amp FPL electric, well water with a new filtration system, and septic. The zoning is City of Titusville Light Industrial (M-1), permitting warehousing, light manufacturing, distribution, and service/repair. The property is located approximately 3 miles from Interstate 95, about 15 miles from Kennedy Space Center, and roughly 26 miles from Port Canaveral. The surrounding area includes Arthur Dunn Airport, Eastern Florida State College, Parrish Medical Center, and Titusville Marina.
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 | $93.7k | $8.40 |
| − Vacancy | −$3.3k | −$0.29 |
| EGI | $90.4k | $8.11 |
| − OpEx | −$13.6k | −$1.22 |
| NOI | $76.8k | $6.89 |
11,153 SF · lease $8.40/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.10M
$960.6K – $1.28M
NOI $76,845 @ 7.0% cap · market cap 6.15%
Second Best
Industrial
$973.7K
$852.0K – $1.14M
NOI $68,156 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,974 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
- Historic District Self Storage — 500 Minnie St, Titusville, FL 32796
- Self-Storage at U-Haul — 2070 Garden St, Titusville, FL 32796
- Park Avenue Storage Units — 175 Park Ave, Titusville, FL 32796
- Allen Storage Units — 627 Childre Ave, Titusville, FL 32796
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8254057
- Latitude
- 28.626592
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Three-unit industrial building in Titusville with flexible zoning.
Where is this warehouse located?
The property is located at 2075-2095 Silver Star Road Titusville, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑unit industrial building with M‑1 zoning, ideal for warehousing, light manufacturing, distribution, or service/repair.; Benefit from a total of five grade‑level doors for easy access.; Unit B features a **4,560 SF block warehouse with 16' 10'' +/- clear height** and a 588 SF mezzanine.
