00 Spangler Ln, Titusville, FL 32796
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.