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    Land

    1 6.08 Hwy, Titusville, FL 32796

    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.08-acre commercial land parcel, encompassing 316,245 square feet, presents a remarkable investment opportunity in Titusville, Florida. Strategically located on Highway 1, it directly abuts the Rails to Trails system, offering excellent visibility and accessibility. Currently zoned AU, the property includes conceptual engineering for an Assisted Living Facility (ALCF), providing a solid foundation for development. Its prime location offers significant advantages, situated across from Victorio's Restaurant and in close proximity to Parrish Medical Center, Eastern Florida State College, and a new Behavioral Health Hospital. This high-traffic area ensures substantial exposure for any commercial venture. The property's size and zoning make it suitable for a variety of commercial uses, presenting a unique chance to capitalize on the growing Titusville market. Please note that a single-family home is located on the property and should not be disturbed. The property's address is 6.08 Highway 1, Titusville, FL 32796. The asking price is $499,000.

    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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