Property profile

1855 Jess Parrish Ct Titusville, FL 32796

FOR SALE
Medical Office Space
Property ID
US18-5527639
5,544 SF 0.52 ac lot Built 1974
Entity Owned 26-yr Hold Free & Clear
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Property summary

AI-generated overview

A 5,352-square-foot medical office building located in Titusville near Parrish Medical Center, with frontage and access via US 1 and proximity to major roadways and local amenities. The interior is arranged for a high-volume practice and includes 9 exam rooms, a dedicated x-ray room, 3 private physician offices, a waiting room and reception area, and 6 additional offices for administrative functions such as management, billing, and scheduling. The property is served by a private parking lot with 22 parking spaces. The building has two air conditioning units that are approximately 7 years old. The roof and water heater have been replaced. A separate vacant 1.44-acre lot south of the building is associated with the property and provides additional land for future expansion.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1974
Construction WOOD
Total area 5,544 SF
Lot 0.52 ac (22,651 SF)
Zoning code HM
APN 21-35-33-00-00254.1-0000.00
UPID US18-5527639

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
  • Physician
  • Physician
  • Physician
  • Physician

Location

1855 Jess Parrish Ct Titusville, FL 32796
Titusville metro Census 60400 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$897k
Blend (final) Blend
$315k

Owner & transaction history

Zoning & alternative use

HM · Titusville, FL
Zoning description

The Hospital Medical (HM) district is created to provide a protective area for the harmonious development of health care facilities and accessory services convenient to arterial streets. The district is intended to be pr…

General category CIVIC_INSTITUTIONAL

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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More about this property
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