SR 405 & Grissom Pkwy, Titusville, Florida 32780, Titusville, FL 32780
Location: Northeast Corner of Columbia Blvd. (SR 405) & Grissom Pkwy Titusville, Brevard County, Florida 32780 Great location at a signalized intersection on SR 405 connecting I-95 to US 1. Close to area employers, including Port Canaveral, Kennedy Space Center, SpaceX and Harris Communications. Convenient to Space Coast beaches, Banana River Aquatic Preserve, Pine Island Conservation Area and more. Convenient to shopping, restaurants, etc. just minutes to the west including Walmart Super Center, Target, ALDI, The Home Depot and Lowe’s Home Improvement, etc. High growth area including KB Homes Verona Village just to the south with 1,118 homes planned and under construction. Zoning: Community Commercial with High Intensity Commercial Future Land Use The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within this district requires larger land areas and is primarily located along arterial thoroughfares and major street intersections. It is not the intent of this district that it shall be used to encourage the extension of strip commercial areas and the development of intersections is preferable to linear development. Multi-Family – This site qualifies under The Live Local Act - Senate Bill 102 https://www.flsenate.gov/Session/Bill/2023/102. Density: Up to 15 units per acre and three stories based on SB 102 Price: $8,500,000.00 Traffic: FDOT count of 23,000 Trips. Utilities: City of Titusville Parcel ID: 22-35-34-00-515 & 22-35-34-00-515.1
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
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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.