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    2615 Us 1, Mims, FL 32754

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    This exceptional 304,920 square foot commercial lot in Mims, Florida, presents a unique development opportunity. Located at 2615 US 1, this property boasts a pre-approved site plan for a 643-unit self-storage facility, complete with engineering, environmental assessment, and subsurface exploration already completed by Brevard County. The BU2 zoning ensures flexibility for various commercial ventures. The site's strategic location offers excellent visibility and accessibility, being just one block from the Rails to Trails and in close proximity to I-95. Convenience is key, with a grocery store just five minutes away and a car wash eleven minutes away. Serving a substantial population of approximately 32,000 residents between Mims and North Titusville (81% homeowners), this property is ideally positioned to capitalize on the area's growth and unmet service needs. The property is situated across from Mims Elementary School, and benefits from recent development in the area including RaceTrac, Dollar General, Tractor Supply, O'Reilly's, Family Dollar, True Value, North Brevard RV Sales & Service, Frisbee's, Fire Tire, Regions Bank, Loves, and more. County water is anticipated to be available; septic will be required. Adjacent parcels to the south are also available for purchase, potentially expanding the site to 12 acres. This is a remarkable opportunity for investors seeking high-growth potential in a thriving Florida community. Asking price: $1,550,000.

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    Property type Land
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    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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