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    OFF-MARKET
    Land

    0 Barna Ave, Titusville, FL 32780

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Titusville, Florida market. Situated on the highly visible corner of Columbia Boulevard and Barna Avenue in Brevard County (zip code 32780), this property boasts approximately 1.5 acres of developable land. Columbia Boulevard serves as a major thoroughfare leading directly to Cape Canaveral, a region experiencing significant expansion in industrial, residential, and multi-family developments. The area's growth is underscored by recent developments such as a new Wawa convenience store located less than a mile east of the property and the approval of a 488-unit multi-family project directly across the street. Furthermore, the nearby Space Coast Innovation Park, a substantial $500,000,000 undertaking by Hines Development, encompasses 100 acres and over 1,104,760 square feet of industrial development. This project, along with the surrounding growth, positions this property for exceptional future value. The site benefits from a signalized intersection on Columbia Boulevard, ensuring high visibility and accessibility. This prime location offers unparalleled potential for a variety of commercial ventures, capitalizing on the area's robust economic expansion.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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