4260 S Washington Avenue Titusville, FL 32780
Versatile commercial property with office, warehouse, and residential space.
Property Features for 4260 S Washington Avenue
General Information
- Standard status
- Active
- Size
- 4,950 SF
- Property subtype
- Retail, Land
Building Details
- Year Built
- 1984
Listing office Landshark Realty (321) 501-6951
Listing date Oct 24, 2023
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on US1 with high traffic (28,000 cars/day) in a rapidly growing Space Coast area.
- Versatile mixed‑use property featuring 3,150 sq ft of office/warehouse space and a remodeled 2‑bedroom apartment.
- Detached 1,800 sq ft warehouse with two bays and four roll‑up doors.
Local Financial Insights For Office B
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 | $106.9k | $21.60 |
| − Vacancy | −$17.1k | −$3.46 |
| EGI | $89.8k | $18.14 |
| − OpEx | −$22.5k | −$4.54 |
| NOI | $67.4k | $13.61 |
