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    1300 Washington Ave Titusville, FL 32796

    For Sale
    $3,000,000

    30 Acres, High-Traffic Location, HM Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 30-acre commercial land parcel presents a unique investment opportunity in Titusville, Florida. Strategically located at 1300 N. Washington Avenue, this property boasts approximately 1,200 linear feet of frontage on US Highway 1, a major thoroughfare with an impressive Annual Average Daily Traffic (AADT) count of 20,300 vehicles. The property's HM (Hospital Medical) zoning allows for a wide range of healthcare-related developments. Its prime location directly across the street from Parrish Medical Center and a cluster of medical offices, including North Brevard Children's Medical Center, VITAS Healthcare, and Titusville Rehab & Nursing, ensures high visibility and accessibility for potential tenants. Furthermore, its proximity to Eastern Florida State College adds to its appeal. The land is priced at $100,000 per acre, totaling $3,000,000 for the entire parcel. All utilities are conveniently located along US Highway 1. Outparcels are available at the same price per acre. The property also enjoys convenient access to State Road 406 and Interstate 95, and is near Chain of Lakes Park. This is an unparalleled chance to acquire a significant land holding in a thriving medical corridor.

    Property Features for 1300 Washington Ave

    General Information

    Property type
    Land
    Lot Size
    1,306,800 SF

    HighLights

    • High‑visibility location directly across from Parrish Medical Center and associated medical facilities.
    • Prime location opposite Eastern Florida State College.
    • Exceptional 1,200 linear feet of frontage on US Highway 1.
    • Outparcels available for $100,000 per acre.
    • HM (Hospital Medical) zoning.
    • Utilities readily available along US Highway 1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8288475
    Latitude
    28.6333512

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    FAQs

    What type of property is this?
    Land - 30 Acres, High-Traffic Location, HM Zoning
    Where is this land located?
    The property is located at 1300 Washington Ave Titusville, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: High-visibility location directly across from Parrish Medical Center and associated medical facilities.; Prime location opposite Eastern Florida State College.; Exceptional 1,200 linear feet of frontage on US Highway 1.
    (386) 506-0037
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    1300 Washington 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
    1300 Washington Ave Titusville, FL 32796
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