Stand-Alone Retail
For Sale
$725,000
2916 S Washington Avenue, Titusville, FL 32780
Standalone retail building on a corner lot with strong frontage and ample parking for commercial uses.
Property Size2,730 SF
Lot Size0.37 Acres
Price / SF$265.57
Days on Market97
Property Features for 2916 S Washington Avenue
General Information
Standard status
Active
Size
2,730 SF
Lot size
0.37 Acres
Property subtype
Retail
Zoning
Commercial/Retail
Building Details
Year Built
1967
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
(407) 737-9797
Listed By:
Mark Allen
Source:
Xome
Added: Apr 25
Changed: Jul 10
Last Checked: Jun 14 at 2:08AM
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 COMMERCIAL REAL ESTATE PROF IN
Investment Insights
Based on property information with market context.
This standalone retail building is offered for sale and features a commercially zoned site. The property includes approximately 2,730 SF of retail space (per public record) and sits on a 0.37-acre corner lot. The site offers substantial parking, supporting customer access and convenient operations.
The building is positioned on a corner lot with excellent frontage, providing visibility for a retail tenant or owner-user. The property is zoned Commercial/Retail, aligning with a variety of retail-focused concepts.
With its standalone configuration, retail zoning, and parking on-site, the building is well suited for an operator looking for a dedicated retail footprint or for an investor seeking a street-facing retail asset. The combination of frontage and parking can support tenant presentations and everyday customer traffic patterns for compatible retail uses.
The building is positioned on a corner lot with excellent frontage, providing visibility for a retail tenant or owner-user. The property is zoned Commercial/Retail, aligning with a variety of retail-focused concepts.
With its standalone configuration, retail zoning, and parking on-site, the building is well suited for an operator looking for a dedicated retail footprint or for an investor seeking a street-facing retail asset. The combination of frontage and parking can support tenant presentations and everyday customer traffic patterns for compatible retail uses.
Key Highlights
- Stand‑alone commercial/retail building on a corner lot
- 2,730 SF (public record) retail building
- 0.37‑acre lot with strong corner frontage
Financial Insights For Retail
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 | $49.1k | $18.00 |
| − Vacancy | −$4.2k | −$1.53 |
| EGI | $45.0k | $16.47 |
| − OpEx | −$13.5k | −$4.94 |
| NOI | $31.5k | $11.53 |
2,730 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$449.6K
$393.4K – $524.6K
NOI $31,474 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$720.3K
$630.2K – $840.3K
NOI $50,418 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail building on a corner lot with strong frontage and ample parking for commercial uses.
Where is this storefront property located?
The property is located at 2916 S Washington Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Stand‑alone commercial/retail building on a corner lot; 2,730 SF (public record) retail building; 0.37‑acre lot with strong corner frontage
