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Freestanding Storefront Property

2300 S WASHINGTON Avenue, Titusville, FL 32780

For Sale
$1,950,000

Commercial Sale, TITUSVILLE, FL

Property Size10,730 SF
Lot Size0.90 Acres
Price / SF$181.73
Days on Market1183

Property Features for 2300 S WASHINGTON Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning CC
Subdivision BOUGAINVILLEA RESUB
Directions Titusville to Washington Ave 2300 S Washington
Standard status Active
APN 22-35-10-51-00002.0-0001.00
Size 10,730 SF
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description BOUGAINVILLEA, RESUBD OF LOTS 1 & 2 BLK 2
Tax Annual Amount 10289
Legal Description BOUGAINVILLEA, RESUBD OF LOTS 1 & 2 BLK 2

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1959
Floors in Building 1
Flooring type Concrete
Building materials Block, Frame
Roof type Membrane, Shingle
Listing Agency: LPT REALTY
Listed By: Michelle Ingrassia · License FL #3231559
Added: Aug 18, 2023 Changed: Sep 29 Last Checked: Nov 12 at 9:06AM
MLS# O6134863

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding retail property contains 10,730 square feet within a building constructed in 1959. The improvements feature block and frame construction, concrete flooring, central heating, central air conditioning, membrane and shingle roofing, and public water and sewer service. The property is zoned CC and includes phone availability.

The 0.9-acre site fronts US Highway 1 in Titusville, with the Titus Landing commercial development located one block away. Nearby listed businesses include Hobby Lobby, Chipotle, Firehouse Subs, Tuesday Morning, Bealls, and Epic Theatres. The property is also positioned near upscale apartments, downtown Titusville, and the Space Coast.

Key Highlights

  • 10,730‑square‑foot retail building on a 0.9‑acre site
  • US Highway 1 frontage in Titusville
  • CC zoning with public water and public sewer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$155,072
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,101,440 $3.1M
Cap Rate 7%
$2,215,314 $2.2M
Cap Rate 9%
$1,723,022 $1.7M
Market Conditions
NOI Build-Up for 10,730 SF
Gross rent
$238.2K $22.20/SF
− Vacancy
−$16.7K −$1.55/SF
EGI
$221.5K $20.65/SF
− OpEx
−$66.5K −$6.19/SF
NOI
$155.1K $14.45/SF
Area
Brevard County, FL
Vacancy
7.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,101,440
Cap Rate 7%
$2,215,314
Cap Rate 9%
$1,723,022

Alternative Uses

Best Use
Retail
$2.22M
$1.94M – $2.58M (±1% cap)
NOI $155,072 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M (±1% cap)
NOI $219,021 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Premiere Pawn Discount Store Premiere Appliance Repair Home Appliance Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32780, FL

39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Brevard County, FL

$365 Jul
$393 Aug
$417 Sep
$397 Oct

Properties on Market for Storefront properties in Brevard County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Retail building with concrete floors, central HVAC, public water and sewer, and commercial zoning.
Where is this storefront property located?
The property is located at 2300 S WASHINGTON Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 10,730‑square‑foot retail building on a 0.9‑acre site; US Highway 1 frontage in Titusville; CC zoning with public water and public sewer
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