Office Building For
815 S Washington Avenue Titusville, FL 32780
815 S Washington Avenue, Titusville, FL, 32780
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For Sale
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For-sale office building totaling 18,822 square feet at 815 S Washington Avenue in Titusville, Florida.
Property Size18,822 SF
Price / SF$160.72
Days on Market10
Property Features for 815 S Washington Avenue
General Information
- Standard status
- Active
- Size
- 18,822 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agency
Charles A. Von Stein, Inc
(772) 778-4885
Listed by
Kirk Von Stein · License #FL
Source
Crexi
Added: Jul 14 Updated: Jul 22 at 11:03AM Checked: Jul 22 at 11:03AM
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 A. Von Stein, Inc
Investment Insights
Based on property information with market context.
This for-sale office building offers a total size of 18,822 square feet, positioned for commercial tenants and investors looking for dedicated office space in Titusville.
The surrounding market is supported by Titusville’s diversified local economy, with a range of industries and occupations available locally. The area’s economy is described as anchored by a cluster of significant employers, which is presented as helping insulate the region from instability.
The property is offered as office real estate under the broader categories of office buildings and office spaces.
The surrounding market is supported by Titusville’s diversified local economy, with a range of industries and occupations available locally. The area’s economy is described as anchored by a cluster of significant employers, which is presented as helping insulate the region from instability.
The property is offered as office real estate under the broader categories of office buildings and office spaces.
Key Highlights
- For‑sale office building totaling 18,822 SF at 815 S Washington Avenue in Titusville, Florida
- Built in 1989
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 | $406.6k | $21.60 |
| − Vacancy | −$65.0k | −$3.46 |
| EGI | $341.5k | $18.14 |
| − OpEx | −$85.4k | −$4.54 |
| NOI | $256.1k | $13.61 |
18,822 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.66M
$3.20M – $4.27M
NOI $256,130 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.97M
$4.35M – $5.79M
NOI $347,605 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Telfer, Faherty & Anderson, ...
Law Firm
Social Security Advocates
Law Firm
The Wright Law Office
Law Firm
Access Home Health
Home Health Care Service
Search Engine Optimization ...
Advertising Agency
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FAQs
What type of property is this?
Office building - For-sale office building totaling 18,822 square feet at 815 S Washington Avenue in Titusville, Florida.
Where is this office building located?
The property is located at 815 S Washington Avenue Titusville, FL.
What is the asking price?
The asking price for this property is $3,025,000.
What are key features of this property?
This property features: For‑sale office building totaling 18,822 SF at 815 S Washington Avenue in Titusville, Florida; Built in 1989
