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    Light Industrial Flex Lease Space Title is generated by Realmo AI

    2217 Garden Street, Titusville, FL 32796

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    M-1 zoned flex space with three-phase power and an air-conditioned workshop for light industrial and contractor users.

    Type:Retail, Office, Industrial
    Property size:
    3,570 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:26 am

    Property Features for 2217 Garden Street

    General Information

    Standard status
    Active
    Size
    3,570 SF
    Property subtype
    Retail, Office, Industrial

    Building Details

    Year Built
    1962

    Spaces For Lease

    at 2217 Garden Street Contact us

    We can help!

    Listing Contact
    Lisa Earnhardt
    Lisa Earnhardt

    Listing agent Lisa Earnhardt License #SL3439689

    Listing office Rocket City Commercial, Brokered by eXp Commercial

    Listing date Jun 3, 2026

    Source Crexi

    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

    HighLights

    • M‑1 light industrial flex lease space in Titusville, FL, with options for light industrial, service, warehouse, contractor, and trade users
    • Available unit: +/- 1,000 SF at $18.50/SF plus $3.25/SF NNN
    • Larger unit available: +/- 2,570 SF at $17.50/SF plus $3.25/SF NNN, or 3,570 SF at a negotiable rate
    • Site features three‑phase power, plus separately metered water and electric
    • Larger unit includes an air‑conditioned workshop area
    • 2217–2219 Garden Street offers connectivity to U.S. 1, I‑95, SR 46, SR 50, SR 406, and SR 528

    Overview

    Available for lease at 2217-2219 Garden Street, this light industrial flex property offers multiple unit options designed for active service, storage, production, or distribution users. The space includes individually leased units, with one option of approximately 1,000 SF and larger configurations of approximately 2,570 SF or 3,570 SF. The larger unit features an air-conditioned workshop area, which can support climate-controlled work alongside warehousing. The site is equipped with three-phase power, with separately metered water and electric to support day-to-day operations.

    Located on Garden Street, the property provides straightforward frontage along a key east/west commercial corridor in Titusville. Garden Street connects to major area roadways including U.S. 1, I-95, SR 46, SR 50, SR 406, and SR 528, supporting convenient access for local service activity and logistics. The current occupant receives semi-truck deliveries, indicating practical functionality for businesses that handle larger freight on-site.

    With M-1 Light Industrial Services and Warehousing zoning, this property can be a workable fit for light industrial, service, contractor, trade-related, and distribution uses that need functional space in an established corridor. Unit mix and utility/operational features make it suitable for organizations looking for lease-ready space that supports both day-to-day work and storage needs.
    Location Intelligence

    Current Use by Public Records

    Fanfare Fx Event Planning BAIR AIR Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.830618
    Latitude
    28.6147847

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    FAQs

    What type of property is this?
    Flex space - M-1 zoned flex space with three-phase power and an air-conditioned workshop for light industrial and contractor users.
    Where is this flex space located?
    The property is located at 2217 Garden Street Titusville, FL.
    What are key features of this property?
    This property features: M‑1 light industrial flex lease space in Titusville, FL, with options for light industrial, service, warehouse, contractor, and trade users; Available unit: +/- 1,000 SF at $18.50/SF plus $3.25/SF NNN; Larger unit available: +/- 2,570 SF at $17.50/SF plus $3.25/SF NNN, or 3,570 SF at a negotiable rate
    (321) 291-6601 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lisa Earnhardt
    Lisa Earnhardt
    Real Estate License ID: SL3439689
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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