Stand-Alone Retail
For Sale
$725,000
2916 S WASHINGTON Avenue, Titusville, FL 32780
SINGLE_FAMILY - TITUSVILLE, FL
Property Size2,800 SF
Lot Size0.37 Acres
Price / SF$258.93
Days on Market94
Property Features for 2916 S WASHINGTON Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
CC
Subdivision
INDIAN RIVER RESID LTS
Directions
Located directly off S Washington Ave in Titusville, Fl
Standard status
Active
APN
22 3515-06-5-2
Size
2,800 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
INDIAN RIVER RESIDENCE LOTS LOT 2 AS DES IN ORB 688 PG 598 BLK 5
Tax Annual Amount
5542
Legal Description
INDIAN RIVER RESIDENCE LOTS LOT 2 AS DES IN ORB 688 PG 598 BLK 5
Utilities
Cooling system
Central Air
Building Details
Year built
1967
Floors in Building
1
Building materials
Block
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
(407) 737-9797
Listed By:
Mark Allen
(407) 737-9797
Added: Apr 28
Changed: Jul 20
Last Checked: Jul 30 at 3:06PM
MLS# O6403293
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.
Investment Insights
Based on property information with market context.
This stand-alone retail building is offered for sale. The property is zoned Commercial/Retail (CC) and sits on a corner lot designed with plenty of parking to support day-to-day customer traffic. Public records indicate approximately 2,730 square feet of building area.
The property is located at 2916 S Washington Avenue in Titusville, Florida, and benefits from excellent frontage for retail visibility.
The site’s combination of corner placement, storefront frontage, and on-site parking is well-suited for a variety of retail uses within the Commercial/Retail zoning designation.
The property is located at 2916 S Washington Avenue in Titusville, Florida, and benefits from excellent frontage for retail visibility.
The site’s combination of corner placement, storefront frontage, and on-site parking is well-suited for a variety of retail uses within the Commercial/Retail zoning designation.
Key Highlights
- Stand‑alone retail building on a corner lot with strong frontage
- Zoned Commercial/Retail
- 2,730 SF (public record) retail building
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 | $50.4k | $18.00 |
| − Vacancy | −$4.3k | −$1.53 |
| EGI | $46.1k | $16.47 |
| − OpEx | −$13.8k | −$4.94 |
| NOI | $32.3k | $11.53 |
2,800 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$461.2K
$403.5K – $538.0K
NOI $32,281 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,710 @ 7.0% cap · market cap 7.13%
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
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?
Retail space - Zoned Commercial/retail and set on a corner lot with excellent frontage and plenty of parking.
Where is this retail space 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 retail building on a corner lot with strong frontage; Zoned Commercial/Retail; 2,730 SF (public record) retail building
