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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1220 Washington Ave Titusville, FL 32780-4259
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5359940
Property summary
AI-generated overview
This 0.53-acre commercial land parcel in Titusville, Florida, presents a unique investment opportunity. Located at the busy intersection of US Highway 1 and South Washington Avenue, the property boasts dual frontage and high visibility. A 2,009+-square-foot concrete building currently sits on the site
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,009 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CBD
APN
22-35-03-56-00010.0-0012.00
UPID
US18-5359940
Cap rate & NOI
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
Current use
Occupant on record · Public records
-
Greyhound Bus Lines - Freight Service Logistics Company
-
Marathon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mary H Richmond · 4 yrs held
Mary H Richmond
since 2022
Last sale
$450,000
4 recorded transactions
Zoning & alternative use
CBD · Titusville, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,363
Tax year 2023
Assessed value
$173,850
Assessed 2023
Previous assessed
$172,710
+0.7% YoY
Effective rate
2.51%
On assessed value
Assessed land
$102,140
Assessed improvement
$71,710
Land market value
$102,140
Improvement market value
$71,710
Total market value
$173,850
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,009 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CBD
APN
22-35-03-56-00010.0-0012.00
UPID
US18-5359940
Jurisdiction
BREVARD
Zoning & alternative use
CBD · Titusville, FLZoning CBD · permitted uses
CBD · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 15)
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Mary H Richmond
Individual
Free & Clear · 4 yrs held
Mailing address
19 N INDIAN RIV DR APT #301, COCOA, FL 32922-4725
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Mary H Richmond
Mary H Richmond
Intrafamily Transfer
related
—
Mar 23, 2015
—
Durian,helen E Trust
Durian Helen E
Quit Claim Deed
related
—
Jun 2, 2014
—
Durian,helen E Trust
Durian,helen E
Quit Claim Deed
related
—
Jan 7, 2010
—
Durian Helen E Family Trust
Durian,helen E
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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