1 6.08 Hwy, Titusville, FL 32796
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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