Property profile

2575 Us-1 Mims, FL 32754

OFF-MARKET
Land
3.02 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3.02-acre commercial property in Mims, Florida, presents a unique investment opportunity. Located on US Highway 1, it boasts approximately 232 feet of highway frontage (per Brevard County Tax Roll). The property includes a substantial 3,040+-square-foot, two-story wood-frame home built in 1914, featuring an oversized 700+-square-foot attached two-car garage. The home offers ample living space, including three bedrooms and two baths downstairs, a living room, large kitchen, enclosed back porch, and a small storage cellar. Upstairs, there's an additional bedroom, bath, kitchen, and living room with both interior and exterior access. Both levels have separate electric meters, air conditioning, and heating systems. A functioning wood-burning fireplace adds character. Exterior amenities include a large front porch facing US-1, a 10x16 enclosed shed with power, and a 600-foot 6' board-on-board privacy fence. Over 50 mature trees enhance the property's beauty. The property's zoning is BU-1 Commercial and A-U AGG, allowing for multiple development possibilities. Its strategic location, approximately two blocks from the intersection of State Road 46 and US-1, places it within a rapidly growing area experiencing new retail, residential, and industrial development. State Road 46 provides convenient access to Orlando (approximately 45 minutes) and Titusville/Cocoa Beach (approximately 30 minutes). This prime location offers significant potential for future growth and development in the burgeoning Mims area of Brevard County on Florida's Space Coast. The asking price is $795,000.

Property profile

Verified
Property type Land
Lot 3.02 ac (131,551 SF)

Cap rate & NOI

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

Location

2575 Us-1 Mims, FL 32754
Mims metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2575 Us-1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message