Property profile

1300 Washington Ave Titusville, FL 32796

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

This exceptional 30-acre commercial land parcel presents a unique investment opportunity in Titusville, Florida. Strategically located at 1300 N. Washington Avenue, this property boasts approximately 1,200 linear feet of frontage on US Highway 1, a major thoroughfare with an impressive Annual Average Daily Traffic (AADT) count of 20,300 vehicles. The property's HM (Hospital Medical) zoning allows for a wide range of healthcare-related developments. Its prime location directly across the street from Parrish Medical Center and a cluster of medical offices, including North Brevard Children's Medical Center, VITAS Healthcare, and Titusville Rehab & Nursing, ensures high visibility and accessibility for potential tenants. Furthermore, its proximity to Eastern Florida State College adds to its appeal. The land is priced at $100,000 per acre, totaling $3,000,000 for the entire parcel. All utilities are conveniently located along US Highway 1. Outparcels are available at the same price per acre. The property also enjoys convenient access to State Road 406 and Interstate 95, and is near Chain of Lakes Park. This is an unparalleled chance to acquire a significant land holding in a thriving medical corridor.

Property profile

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1300 Washington Ave Titusville, FL 32796
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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