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0 Fl-405 Titusville, FL 32780

OFF-MARKET Land Google Maps
19.58 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 19.58-acre commercial land parcel is strategically located at the northeast corner of Columbia Blvd (SR 405) and Grissom Parkway in Titusville, Brevard County, Florida, zip code 32780. Boasting a high-traffic count of 23,000 trips daily, this site benefits from its position at a signalized intersection connecting I-95 to US 1, ensuring high visibility and accessibility. The property is zoned COR-2 (Community Commercial with High Intensity Commercial), allowing for a wide range of commercial uses, including multi-family residential development under the Live Local Act (Senate Bill 102), permitting up to 15 units per acre and three stories. This presents a unique opportunity for high-density development. The area is experiencing significant growth, with nearby developments such as KB Homes Verona Village (1,118 homes planned and under construction) further enhancing the property's value. Proximity to major employers like Port Canaveral, Kennedy Space Center, SpaceX, and Harris Communications, along with convenient access to Space Coast beaches, the Banana River Aquatic Preserve, and Pine Island Conservation Area, adds to its appeal. Furthermore, the site enjoys easy access to shopping and dining amenities, including a Walmart Super Center, Target, ALDI, The Home Depot, and Lowe's, all located within minutes. City of Titusville utilities are available. The parcel ID is 22-35-34-00-515 & 22-35-34-00-515.1. The asking price is $8,500,000.

Property profile

Verified
Property type Land
Lot 19.58 ac (852,905 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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