0 316, Titusville, FL 32780
This exceptional commercial land offering presents a unique investment opportunity in Titusville, Florida. Encompassing a substantial 27,878.4 square feet, this property is ideally situated for a variety of commercial ventures. The land is comprised of four lots, three of which are located on the corner of South Hopkins Avenue and Delespine Avenue, a high-traffic area. The fourth lot, situated on Oleander, abuts lot 10, Block 10 on Delespine Avenue. This strategic location offers excellent visibility and accessibility for businesses. The property boasts flat, level ground and is largely cleared, simplifying development. South Hopkins Avenue is a busy thoroughfare, providing significant exposure for businesses operating on the Delespine Avenue lots, which benefit from frontage on this major road. The property's zoning allows for a wide range of uses, including retail, fast food establishments, office space, and storage facilities. Additionally, with the recent passage of the "Live Local Act," the property is suitable for multi-family or small residential developments, subject to down-zoning. The asking price for the entire 27,878.4 square foot parcel is $120,000. Individual lot purchases are also possible
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.