Office Unit with Private
For Sale
Contact for pricing
815 S Washington Avenue 202, Titusville, FL 32780
Functional professional office layout with reception space and convenient on-site parking.
Property Size17,411 SF
Price / SF$0.19
Days on Market63
Property Features for 815 S Washington Avenue 202
General Information
Standard status
Active
Size
17,411 SF
Additional Details
Highway Access
Yes
Listing Agency:
Charles A. Von Stein, Inc
(772) 778-4885
Listed By:
Kirk Von Stein
(772) 696-1082
Source:
Startbrevardsearch
Added: Aug 21
Changed: Oct 13
Last Checked: Oct 20 at 7:57PM
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
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Investment Insights
Based on property information with market context.
This office unit at City Square Professional Center provides a practical configuration for professional operations, with private offices and a reception area. The layout is suitable for professional, legal, or medical office users, subject to applicable requirements.
The property is positioned on S Washington Avenue in downtown Titusville, with access to SR-50, also known as Cheney Highway, and US-1. Titusville City Hall, the Brevard County Courthouse, and nearby retail and dining are within the surrounding area. On-site parking is available for occupants and visitors.
The property is positioned on S Washington Avenue in downtown Titusville, with access to SR-50, also known as Cheney Highway, and US-1. Titusville City Hall, the Brevard County Courthouse, and nearby retail and dining are within the surrounding area. On-site parking is available for occupants and visitors.
Key Highlights
- Private offices and reception area
- On‑site parking available
- Located on S Washington Avenue in downtown Titusville
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$236,929
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,738,580
$4.7M
Cap Rate 7%
$3,384,700
$3.4M
Cap Rate 9%
$2,632,544
$2.6M
Market Conditions
NOI Build-Up for 17,411 SF
Gross rent
$376.1K $21.60/SF
− Vacancy
−$60.2K −$3.46/SF
EGI
$315.9K $18.14/SF
− OpEx
−$79.0K −$4.54/SF
NOI
$236.9K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,738,580
Cap Rate 7%
$3,384,700
Cap Rate 9%
$2,632,544
Alternative Uses
Best Use
Office B
$3.38M
$2.96M – $3.95M
NOI $236,929 @ 7.0% cap · market cap 7,066.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,546 @ 7.0% cap · market cap 9,589.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
960
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Functional professional office layout with reception space and convenient on-site parking.
Where is this office unit located?
The property is located at 815 S Washington Avenue 202 Titusville, FL.
What are key features of this property?
This property features: Private offices and reception area; On‑site parking available; Located on S Washington Avenue in downtown Titusville
