US1 Retail/Office
2110 S Washington Ave Titusville, FL 32780
2110 S Washington Ave, Titusville, FL, 32780
Contact for pricing
For Sale
Contact for pricing
3200+ SF commercial building on US1, versatile layout.
Property Size3,256 SF
Price / SF$368.55
Days on Market1912
Property Features for 2110 S Washington Ave
General Information
- Standard status
- Active
- Size
- 3,256 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1964
Listing agency
Rocket City Commercial, Brokered by eXp Commercial
(321) 291-6601
Listed by
Lisa Earnhardt · License #SL3439689
Source
Crexi
Added: Apr 28, 2021 Updated: Jul 6 at 8:26AM Checked: Jul 19 at 7:17AM
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 Rocket City Commercial, Brokered by eXp Commercial
Investment Insights
Based on property information with market context.
Located on a corner parcel, this commercial building offers approximately 3200 square feet of space. Situated directly on US 1 in the center of town, the property benefits from high traffic counts exceeding 25,000 vehicles per day. Currently configured for multiple tenants, the versatile layout and plentiful windows spanning the front half of the building offer potential for conversion to suit various needs. The property could also be redeveloped. This property is suitable for retail or office use.
Key Highlights
- Direct US1 retail/office location with high traffic count (25,000+).
- Versatile 3200 +/- SF commercial building.
- Corner parcel location.
Local Financial Insights For Office B
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 | $70.3k | $21.60 |
| − Vacancy | −$11.3k | −$3.46 |
| EGI | $59.1k | $18.14 |
| − OpEx | −$14.8k | −$4.54 |
| NOI | $44.3k | $13.61 |
3,256 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$633.0K
$553.9K – $738.5K
NOI $44,308 @ 7.0% cap · market cap 3.69%
Second Best
Mixed Use
$539.7K
$472.2K – $629.6K
NOI $37,778 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$859.0K
$751.7K – $1.00M
NOI $60,132 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Treder Realty - Tim ...
Real Estate Agency
Treder Realty Inc
Real Estate Agency
iCover Phone Repair
Computer & Electronic Repair
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FAQs
What type of property is this?
Mixed-use property - 3200+ SF commercial building on US1, versatile layout.
Where is this mixed-use property located?
The property is located at 2110 S Washington Ave Titusville, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Direct US1 retail/office location with high traffic count (25,000+).; Versatile 3200 +/- SF commercial building.; Corner parcel location.
