Property profile

0 316 Titusville, FL 32780

OFF-MARKET
Land
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Property summary

AI-generated overview

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

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

Location

316 Titusville, FL 32780
Titusville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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