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    500 Washington Ave Titusville, FL 32796

    For Sale
    Contact for pricing

    25,243 SF Medical Office - Move-in Ready

    Property size:
    25,243 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 25,243-square-foot medical office building is located at 500 N Washington Ave, Titusville, FL 32796, in Brevard County. The property boasts ample parking (5.28 spaces per 1,000 sq ft) and sits on a sizable lot ranging from 2.31 to 3.23 acres. Its prime location on North Washington Avenue offers excellent visibility and accessibility. The building is move-in ready and presents a compelling investment or redevelopment opportunity. Situated within a highly sought-after medical district on Florida's Space Coast, it benefits from proximity to Eastern Florida State College (within one mile), with its 1,711 students and 1,200 employees, and is also conveniently located near Parrish Medical Center. Titusville's location on Florida's Space Coast provides easy access to major cities like Orlando and Daytona Beach via I-95 and SR 528, combining small-town charm with convenient access to urban amenities. The property's 29,500 CPD (Cars Per Day) further underscores its high-traffic location and potential. This is a rare opportunity to acquire a well-positioned medical office building in a thriving area.

    Property Features for 500 Washington Ave

    General Information

    Property type
    Medical offices
    Square Feet
    25,243 SF
    Lot Size
    100,624 SF

    HighLights

    • 25,243 square feet available for lease.
    • Immediately available for occupancy.
    • Excellent investment potential.
    • Suitable for redevelopment projects.
    • High‑visibility frontage on North Washington Avenue.
    • Less than one mile from Parrish Medical Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coast Physical Therapy Physical Therapy Clinic Leonardo's Wrecker Service Towing Service Spitz Anita D ... Family Practice Physician Florida Dermatology Associates Medical Clinic Dr. Isaac M. ... Internist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8169472
    Latitude
    28.6187266

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    FAQs

    What type of property is this?
    Medical office - 25,243 SF Medical Office - Move-in Ready
    Where is this medical office located?
    The property is located at 500 Washington Ave Titusville, FL.
    What are key features of this property?
    This property features: 25,243 square feet available for lease.; Immediately available for occupancy.; Excellent investment potential.
    Request Owner's contact information
    500 Washington Ave Titusville, FL 32796
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Washington Ave Titusville, FL 32796
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