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    OFF-MARKET
    Land

    00 Spangler Ln, Titusville, FL 32796

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    Property summary
    AI-generated overview

    This exceptional 59.31-acre commercial land parcel, located at 00 Spangler Lane in Titusville, Florida (zip code 32796), presents a unique investment opportunity. The property boasts a substantial 2,583,543.6 square feet of undeveloped land, zoned Suburban Estate Residential (SEU). Its strategic location in Brevard County offers significant potential for various commercial developments. A key advantage is the existing income stream generated by two billboards currently situated on the property. This established revenue stream provides immediate return on investment, supplementing future development prospects. The property is identified by Brevard County Property Appraiser Office accounts 2203067, 2224882, 2224881, and 2224880. The asking price for this expansive and income-producing land is $1,200,000. This offering represents a compelling chance to acquire a significant land holding in a rapidly growing area of Florida, with the added benefit of passive income from existing infrastructure. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity.

    Property profile
    Verified
    Property type Land
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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