Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1011 Hopkins Ave Titusville, FL 32780-4229

    • Industrial properties
    • 2,618 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5159981
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Barefoot Insurance Brokers / Insurance Agency

    Property Details for 1011 Hopkins Ave

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    2,618 SF
    Zone code
    CBD
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    22-35-03-53-00000.0-0018.00
    APU
    9223372036854775807

    Description

    This exceptional 700-square-foot retail space is ideally situated at 1011 S Hopkins Avenue in Brevard County. Built in 1926, this property offers a unique blend of historical charm and modern functionality. The entire space is currently vacant and ready for immediate occupancy, presenting a fantastic opportunity for a new business to establish itself in a thriving location. The property features one suite encompassing the entire 700 square feet, including a conveniently located bathroom. Recent improvements include a fresh coat of paint throughout, ensuring a clean and inviting atmosphere for potential tenants. The property sits on a 0.24-acre lot, providing ample space for outdoor seating or signage (subject to local regulations). The property's APN is 22-35-03-53-00000.0-0018.00. This is a rare opportunity to acquire a well-located, move-in ready commercial space in a desirable area. The property's single-suite layout offers flexibility and efficiency for a variety of retail businesses. Don't miss this chance to secure a prime location for your business. The property is zoned for commercial use. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8082
    Latitude
    28.6049
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,192
    $45,320
    $165,040
    $210,360
    -
    $45,320
    $165,040
    $210,360

    Comparable in this City

    • Value Estimation
      $880,000
      7,751 SF

      2908 Hopkins Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 7,751 SF
      2908 Hopkins Ave, Titusville, FL 32780-5057
      View Details
    • Value Estimation
      $1,240,000
      6,777 SF

      7555 Us Hwy 1st 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,777 SF
      7555 Us Hwy 1st 1, Titusville, FL 32780-8112
      View Details
    • Value Estimation
      $630,000
      5,520 SF

      701 Deleon Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5,520 SF
      701 Deleon Ave, Titusville, FL 32780-4115
      View Details
    • Value Estimation
      $560,000
      4,392 SF

      1401 Washington Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,392 SF
      1401 Washington Ave, Titusville, FL 32780-4295
      View Details
    • Value Estimation by Request
      3,115 SF

      190 Olmstead Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,115 SF
      190 Olmstead Dr, Titusville, FL 32780-5861
      View Details
    • Value Estimation by Request
      3,150 SF

      1410 Hopkins Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,150 SF
      1410 Hopkins Ave, Titusville, FL 32780-4288
      View Details

    Similar Nearby for Sale

    • $5,625,000
      45.00 Acres

      Titusville Industrial Land Investment

      45 Acres, Prime Location, $5.625M
      6695 Washington Ave, Titusville, FL 32780
      View Details
    • $2,200,000

      Titusville Waterfront Commercial Property

      Prime Mixed-Use Building, 6,000+ SF, Dock
      3405 Washington Ave, Titusville, FL 32780
      View Details
    • Contact for pricing
      22.00 Acres

      Titusville Redevelopment Opportunity

      22-Acre Mixed-Use Redevelopment Project
      3550 Washington Ave, Titusville, FL 32780
      View Details
    • $1,200,000
      3,256 SF

      Titusville Mixed-Use Commercial Property

      US-1 Frontage, High Traffic, Versatile Layout
      2110 Washington Ave, Titusville, FL 32780
      View Details
    • $550,000

      Titusville Mixed-Use Commercial Property

      Prime Titusville investment: three suites, high rental potential.
      3408 Park Ave, Titusville, FL 32780
      View Details
    • $325,000
      1,203 SF

      Titusville Mixed-Use Investment Opportunity

      Live/work space in historic downtown Titusville with flexible zoning.
      1007 S Washington Ave, Titusville, FL 32780
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      100,800 SF

      Titusville Industrial Land - 11.4 Acres

      Prime Industrial Land near I-95 & SR-528
      0 Shepard Dr, Cocoa, FL 32780
      View Details
    • Contact for pricing
      914,760 SF

      Titusville Industrial Land - Build to Suit

      21-Acre Commercial/Industrial Lot, Prime Titusville Location
      0 Riverfront Ctr Blvd, Titusville, FL 32780
      View Details
    • $16 SF/Yr
      3,400 SF

      Titusville Industrial Space For Lease

      Industrial spaces for lease near I-95 and US Highway 1.
      1200 White Dr, Titusville, FL 32780
      View Details
    • Contact for pricing
      22,544 SF

      Industrial Space with Fenced Yard

      22,544 SF industrial space for lease in Titusville, Florida.
      1125 White Dr, Titusville, FL 32780
      View Details
    • Contact for pricing
      175,000 SF

      Space Coast Industrial Build-to-Suit

      175,000 SF Manufacturing/Warehouse, 10 Acres
      84 Golden Knights Blvd, Titusville, FL 32780
      View Details
    • Contact for pricing
      1,104,760 SF

      Space Coast Innovation Park Opportunity

      Class A industrial mixed-use complex in Titusville, Florida.
      Grissom Pkwy, Titusville, FL 32780
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1011 Hopkins Ave
    Titusville, FL 32780-4229
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.