Property profile

1528 Harrison St Titusville, FL 32780

FOR LEASE
Grocery and convenience stores
Property ID
US18-5618491
50,878 SF 11.22 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

Titusville Plaza, located at 1528 Harrison St, Titusville, FL 32780, presents a compelling investment opportunity in a thriving Brevard County submarket. This single-story, 77,375 square foot retail and restaurant center, built in 1986, features 12 suites ranging from 1,400 to 10,356 square feet, with four currently available. The property sits on 11.2 acres and boasts over 170,385 square feet of asphalt-paved, grade-level parking, ensuring ample space for customers. Its prime location offers excellent visibility from Harrison Street and Barna Avenue, surrounded by established residential areas. The landlord provides prominent monument signage on both Harrison Street and Barna Avenue, along with individual façade signage for each tenant, maximizing marketing potential. The property is zoned for Super Market & Retail use and is serviced by Florida Power and Light. This well-maintained center provides a strong foundation for a variety of retail and restaurant businesses seeking high visibility and convenient access in a densely populated residential area. The available spaces present a unique opportunity for businesses to establish a significant presence in this desirable Titusville location.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,878 SF
Lot 11.22 ac (488,743 SF)
Zoning code CC
APN 22-35-09-00-00762.0-0000.00
UPID US18-5618491

Cap rate & NOI

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

Location

1528 Harrison St Titusville, FL 32780
Titusville metro Census 60600 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.73M
Blend (final) Blend
$1.83M

Owner & transaction history

since 2021
Last sale
$1.7M
4 recorded transactions
2021
$1.7M
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Titusville, FL
Zoning description

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…

General category COMMERCIAL

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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