Office Building with High
For Sale
$550,000
613 Orange St, Titusville, FL 32796
Commercial property featuring an office building with a high-bay garage.
Property Size4,128 SF
Price / SF$133.24
Days on Market149
Property Features for 613 Orange St
General Information
Standard status
Active
Size
4,128 SF
Building Details
Year Built
1947
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
Listed By:
Doreen Allison · License #3512855
(407) 234-4799
Source:
Livewelltampabay
Added: May 21
Changed: Oct 13
Last Checked: Oct 7 at 1:19PM
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 CHARLES RUTENBERG REALTY ORLANDO
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Investment Insights
Based on property information with market context.
This commercial property for sale includes two buildings. It features an office building with a high bay garage in the rear. The property encompasses both 609 and 613 Orange St. The property size is 4128 square feet.
Key Highlights
- Commercial property for sale
- Office building
- High bay garage in rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,442
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,840
$568.8K
Cap Rate 7%
$406,314
$406.3K
Cap Rate 9%
$316,022
$316.0K
Market Conditions
NOI Build-Up for 4,128 SF
Gross rent
$34.7K $8.40/SF
− Vacancy
−$1.2K −$0.29/SF
EGI
$33.5K $8.11/SF
− OpEx
−$5.0K −$1.22/SF
NOI
$28.4K $6.89/SF
Area
Brevard County, FL
Vacancy
3.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,840
Cap Rate 7%
$406,314
Cap Rate 9%
$316,022
Alternative Uses
Best Use
Office B
$802.5K
$702.2K – $936.2K
NOI $56,174 @ 7.0% cap · market cap 10.21%
Second Best
Warehouse
$406.3K
$355.5K – $474.0K
NOI $28,442 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.09M
$953.0K – $1.27M
NOI $76,236 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32796, FL
20,818
Population
9,670
Households
2.2
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
14.4 sq mi
ZIP Area
1,446
Density / Sq Mi
$67,399
Median Household Income
$40,368
Median Earnings
$1,305
Median Rent
$243,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Commercial property featuring an office building with a high-bay garage.
Where is this warehouse located?
The property is located at 613 Orange St Titusville, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial property for sale; Office building; High bay garage in rear
