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    2985 Knox Mcrae Dr Titusville, FL 32780

    For Sale
    $199,000

    Prime Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.94-acre (258,746 sq ft) lot, located at 2985 Knox Mcrae Drive, Titusville, Florida 32780, presents a unique opportunity for both commercial and residential development. The property boasts a beautiful, partially cleared landscape featuring mature trees, offering a blend of natural beauty and development potential. City water and sewer services are readily available, simplifying infrastructure needs. The zoning regulations permit up to three horses, adding to its appeal for those seeking a blend of rural and urban living. The expansive lot size provides ample space for a variety of projects, from constructing a single-family residence to developing a small-scale commercial venture. Its strategic location in Titusville, Brevard County, Florida, offers convenient access to local amenities and transportation networks. This property is an ideal investment for those seeking a versatile land parcel with significant potential for future growth and development. The asking price is $199,000. Latitude and longitude coordinates are 28.577431, -80.844632 respectively. This is a rare opportunity to acquire a substantial parcel of land in a desirable location.

    Property Features for 2985 Knox Mcrae Dr

    General Information

    Property type
    Land

    HighLights

    • 5.94‑acre lot (258,746 sq ft) at 2985 Knox Mcrae Drive, Titusville, FL 32780.
    • Partially cleared with mature trees, offering a blend of natural beauty and development potential.
    • City water and sewer available.
    • Zoning allows up to three horses.
    • $199,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.844632
    Latitude
    28.577431

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land
    Where is this land located?
    The property is located at 2985 Knox Mcrae Dr Titusville, FL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 5.94-acre lot (258,746 sq ft) at 2985 Knox Mcrae Drive, Titusville, FL 32780.; Partially cleared with mature trees, offering a blend of natural beauty and development potential.; City water and sewer available.
    Request Owner's contact information
    2985 Knox Mcrae Dr Titusville, FL 32780
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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
    2985 Knox Mcrae Dr Titusville, FL 32780
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