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Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Titusville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HM · Titusville, FLThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HM in Titusville, FL.
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