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    624 Grannis Ave Titusville, FL 32796

    Sponsored
    For Sale
    $269,000

    Prime Space Coast commercial land, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.3-acre commercial property, located at 624 S Grannis Avenue in Titusville, Florida (32796), presents a unique investment opportunity. Currently zoned M-1 Light Industrial/Warehousing, this property offers significant flexibility for a variety of business ventures. The existing two-story concrete building features a spacious downstairs area, ideal for a workshop, storage facility, or retail space. A two-car garage and an office with a full bathroom are also included on the ground floor. Upstairs, a comfortable two-bedroom, one-bathroom apartment provides additional income potential or a convenient live-work arrangement. The property's location, south of Garden Street, offers excellent visibility and accessibility. Future zoning for mixed-use further enhances the property's long-term value and potential for diverse business applications. Suitable uses could include towing, landscaping, auto repair, RV/boat or trailer storage/parking, a coffee shop, bakery, or other similar businesses. This property is an excellent choice for entrepreneurs seeking a versatile and well-located commercial space on Florida's Space Coast. The asking price is $269,000.

    Property Features for 624 Grannis Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Grannis Parking Spot ... Automobile Storage Facility Tip Top Dumpster ... Dumpster Rental Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.8178825
    Latitude
    28.6083676

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    FAQs

    What type of property is this?
    Land - Prime Space Coast commercial land, mixed-use potential.
    Where is this land located?
    The property is located at 624 Grannis Ave Titusville, FL.
    What is the asking price?
    The asking price for this property is $269,000.
    Request Owner's contact information
    624 Grannis 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
    624 Grannis Ave Titusville, FL 32796
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