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    850 Main St Titusville, FL 32796

    For Sale
    $38,000

    Prime Commercial Lot, 5,227 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a 5,227 square foot commercial lot ideally situated at 850 Main Street in Titusville, Florida, zip code 32796. Located within a thriving multi-unit residential area, this cleared lot offers significant potential for various commercial developments. The property's zoning (not specified in provided information) will need to be verified by the prospective buyer to determine allowable uses. The asking price for this strategically positioned land is $38,000. Given its size and location in a densely populated area, this property presents a compelling opportunity for developers seeking to capitalize on the growing demand for commercial space in Titusville. The property's address is easily accessible from Main Street, providing excellent visibility and convenient access for potential businesses. Further due diligence is recommended to fully assess the development potential and confirm zoning regulations. This is a rare chance to acquire a substantial commercial lot in a prime location, offering a strong return on investment for the right developer. The property is classified as commercial, apartment building, and residential, suggesting versatility in potential uses. The lot's dimensions and exact shape will need to be verified through a site survey. This information is provided for informational purposes only and should not be considered a substitute for professional advice.

    Property Features for 850 Main St

    General Information

    Property type
    Multifamily properties

    HighLights

    • $38,000 asking price for a multifamily property.
    • Land parcel totaling 5,227 square feet.
    • Located at 850 Main Street, Titusville, FL 32796.
    • Commercial land in a multi‑unit area with development potential.
    • Property includes a duplex/triplex/quadplex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    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
    -80.8130583
    Latitude
    28.6128517

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    FAQs

    What type of property is this?
    Multifamily property - Prime Commercial Lot, 5,227 SF
    Where is this multifamily property located?
    The property is located at 850 Main St Titusville, FL.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: $38,000 asking price for a multifamily property.; Land parcel totaling 5,227 square feet.; Located at 850 Main Street, Titusville, FL 32796.
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    850 Main St 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
    850 Main St Titusville, FL 32796
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