3405 S Washington Avenue Titusville, FL 32780
Two-story building with offices, showroom, and warehouse on 0.70 acres.
Property Features for 3405 S Washington Avenue
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.70 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2010
Listing office Noble & Co. R.E. Professionals (321) 607-1311
Listing date Jul 14, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- Waterfront commercial property on the Indian River with private dock and boat lift.
- Large building with over 6,000 sq ft of offices, showroom, mezzanine, and warehouse space.
- Located directly on US1 with high visibility.
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 | $129.6k | $21.60 |
| − Vacancy | −$20.7k | −$3.46 |
| EGI | $108.9k | $18.14 |
| − OpEx | −$27.2k | −$4.54 |
| NOI | $81.6k | $13.61 |
