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1348 Hopkins Ave Titusville, FL 32780-4211

OFF-MARKET Auto shops Google Maps
3,320 SF 0.29 ac lot Built 1957
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US18-3794293

Property summary

AI-generated overview

This exceptional commercial property, located at 1348 S Hopkins Avenue in Titusville, Florida, presents a unique investment opportunity. The 12,632.4 square foot lot houses a 1-unit building constructed in 1957, previously operating as a successful automotive and A/C repair business for over four decades. The building boasts six vehicle lifts (five inside, one covered outside), ample parking, and five 10x10 roll-up doors, plus one 10x20 door suitable for RV access. Recently refreshed with interior and exterior painting, the property is exceptionally clean and well-maintained, ideal for continued use as an auto repair facility or adaptable to a variety of other businesses. The building includes 310 square feet of air-conditioned office space. The asking price is $675,000, and the seller is offering negotiable incentives including tire and alignment equipment and some office furnishings. This property's prime location, just one block from the busy US Highway 1, ensures high visibility and accessibility, making it an attractive investment in a thriving Florida market. The detailed equipment list is available upon request. This is a must-see property for discerning investors seeking a versatile and well-situated commercial asset.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,320 SF
Lot 0.29 ac (12,632 SF)
Zoning code M1
APN 22-35-10-25-00001.0-0012.00
UPID US18-3794293

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

M1 · Titusville, FL

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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