Office Unit with Private
For Sale
Contact for pricing
815 S Washington Avenue #103, Titusville, FL 32780
The suite has a reception area and on-site parking in a downtown professional center.
Property Size17,411 SF
Price / SF$0.14
Days on Market248
Property Features for 815 S Washington Avenue #103
General Information
Standard status
Active
Size
17,411 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1989
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Feb 24
Changed: Oct 29
Last Checked: Oct 29 at 2:32PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
Unit 103 at City Square Professional Center is arranged with private offices and a reception area. The building dates to 1989, and on-site parking is available.
The property is on S Washington Avenue in downtown Titusville, near SR-50 (Cheney Hwy), US-1, Titusville City Hall, Brevard County Courthouse, and nearby retail and dining.
The property is on S Washington Avenue in downtown Titusville, near SR-50 (Cheney Hwy), US-1, Titusville City Hall, Brevard County Courthouse, and nearby retail and dining.
Key Highlights
- Private offices and a reception area within Unit 103
- On‑site parking at City Square Professional Center
- Downtown Titusville location on S Washington Avenue
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 9,921.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,546 @ 7.0% cap · market cap 13,465.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
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 - The suite has a reception area and on-site parking in a downtown professional center.
Where is this office unit located?
The property is located at 815 S Washington Avenue #103 Titusville, FL.
What are key features of this property?
This property features: Private offices and a reception area within Unit 103; On‑site parking at City Square Professional Center; Downtown Titusville location on S Washington Avenue
