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    2850 Counts Ln Titusville, FL 32796

    For Sale
    $2,500,000

    11.3 Acres, Prime Titusville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 11.3-acre (491,792.4 sq ft) commercial property in Titusville, Florida (32796), built in 1968, is offered at $2,500,000. The property includes a 120-bed assisted living facility, currently undergoing demolition, with existing city water and sewer connections. The land is mostly cleared, excluding mature trees, and features a spacious covered courtyard. Zoned for versatile uses, including schools, churches, group homes, or community centers, it also holds future residential zoning potential (4 homes/acre or 100+ unit townhome complex). The property's prime location near the Space Station, Parish Medical Center, and new developments offers significant growth potential. Sold as-is

    Property Features for 2850 Counts Ln

    General Information

    Property type
    Land

    Building Details

    Year Built
    1968

    HighLights

    • 11.3‑acre commercial lot (491,792 sq ft) in Titusville, FL (32796) listed at $2,500,000.
    • 120‑bed assisted living facility (currently being demolished) with existing utilities.
    • Mostly cleared land with mature trees and a covered courtyard.
    • Zoned for diverse uses including schools, churches, and residential (potential for 4 homes/acre or 100+ townhomes).
    • Prime location near Kennedy Space Center, Parish Medical Center, and new developments.
    • Sold as‑is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8408038
    Latitude
    28.6426234

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    FAQs

    What type of property is this?
    Land - 11.3 Acres, Prime Titusville Location
    Where is this land located?
    The property is located at 2850 Counts Ln Titusville, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 11.3-acre commercial lot (491,792 sq ft) in Titusville, FL (32796) listed at $2,500,000.; 120-bed assisted living facility (currently being demolished) with existing utilities.; Mostly cleared land with mature trees and a covered courtyard.
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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
    2850 Counts Ln Titusville, FL 32796
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