Stand-Alone Retail
2916 S Washington Avenue Titusville, FL 32780
2916 S Washington Avenue, Titusville, FL, 32780
$725,000
For Sale
$725,000
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 Market86
Property Features for 2916 S Washington Avenue
General Information
- Standard status
- Active
- Size
- 2,730 SF
- Lot size
- 0.37 Acres
- Property subtype
- 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 Checked: Jun 14 at 2:08 am
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunshine Health Foods ...
Specialty Food Shop
Similar For Sale Nearby
FAQs
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
