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2075-2095 Silver Star Rd Titusville, FL 32796

OFF-MARKET Warehouses Google Maps
11,153 SF Built 1971
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a three-unit industrial building totaling 11,153 square feet situated on a 18,730.8 square foot lot in Titusville, Florida. The property, built in 1971 and classified as Class B, features a mix of warehouse spaces to suit diverse needs. Unit A, a 1,445 square foot metal warehouse, boasts a ceiling height ranging from approximately 13' 7". Unit B, a 4,560 square foot block warehouse, offers a substantial 16' 10" ceiling height and includes a bonus 588 square foot mezzanine. Unit C mirrors Unit B in size at 4,560 square feet, with ceiling heights ranging from approximately 14' 6" to 15'. The property is currently 66% occupied with two tenants under a gross lease agreement. Five grade-level doors provide convenient access. Utilities include a 3-phase 120/240v 200-amp FPL electric meter, a well water system with a new filtration system, and septic. The property is zoned M-1 (City of Titusville Light Industrial Services & Warehousing), permitting warehousing, light manufacturing, distribution, service/repair, and more. Its strategic location offers proximity to Arthur Dunn Airport, Eastern Florida State College, Parrish Medical Center, Titusville Marina, Interstate 95 (approximately 3 miles), Kennedy Space Center (approximately 15 miles), and Port Canaveral (approximately 26 miles). This property is offered at $1,300,000 and presents a compelling opportunity for both occupancy and continued income generation. The APN is 21-35-33-00-255.1. This is a private ownership property with no ground lease.

Property profile

Verified
Property type Warehouses
Year built 1971
Total area 11,153 SF

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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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