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Property profile

112 Delespine 112 Ave Titusville, FL 32780

OFF-MARKET
Mixed-use properties
0.29 ac lot Built 1953
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Property summary

AI-generated overview

This exceptional .29-acre commercial property in Titusville, Florida, presents a rare investment opportunity. Located in the desirable Indian River City District, this corner lot boasts IRCN-C zoning, allowing for a wide array of uses. Currently utilized as a single-family residence, the property's zoning permits diverse commercial ventures, including but not limited to: adult day care, various retail shops (bakery, bookstore, clothing, convenience store, gift shop, etc.), food service establishments (delicatessen, ice cream parlor, restaurant), personal services (barber shop, beauty salon, pet grooming), medical facilities (medical marijuana dispensary, medical office), and more. The property's charming farmhouse aesthetic, constructed in 1953 using locally sourced lumber, adds unique character. Its prime location offers excellent visibility and accessibility, situated contiguously to established businesses such as Dogs R Us and Launch Credit Union, as well as residential homes. This presents a unique blend of commercial potential and residential proximity. The property's history and unique character make it an ideal canvas for a discerning investor seeking a distinctive commercial venture in a thriving community. The versatility of the zoning and the property's location make it a highly attractive investment opportunity.

Property profile

Verified
Property type Mixed-use properties
Year built 1953
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

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

Location

112 Delespine 112 Ave Titusville, FL 32780
Titusville metro
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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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