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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Office buildings
2395 Washington Ave Titusville, FL 32780-4702
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-0281220
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,621 SF
Lot
0.91 ac (39,640 SF)
Zoning code
SMU
APN
22-35-10-AZ-00000.0-0009.04
UPID
US18-0281220
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
-
Select Mediation Mediation Service
-
Kyle Bradfield - GEICO Insurance Agent Insurance Agency
-
Precision Holdings of Brevard Building Supply General Contractor
-
Water's Edge Dermatology - Titusville Physician Medical Clinic
-
Keriea Tia Bean, MSN, APRN-C, FNP Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.04M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.42M
Owner & transaction history
Daniel J Edwards · 20 yrs held
Daniel J Edwards
since 2005
4 recorded transactions
Zoning & alternative use
SMU · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Shoreline Mixed-Use (SMU) district is designed as a special district to protect the substantial public interest of the Indian River or Washington Avenue corridor. it is the intent of the district to encourage and enhance a mix of residential, public or semi-public uses, tourist use, commercial uses, public and private recreational uses including wet dock…
Zone name
Shoreline Mixed Use
General category
MIXED_USE
Zone area
134.99 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$3.2M
+37.5%
Auto repair, garage
$2.8M
+21.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,295,000
6.5%
$3,040,000
7%
$2,825,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,350,000
Current use
COMMERCIAL (GENERAL)
$3,230,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,840,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$2,115,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$177 / SF
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
$23,006
Tax year 2023
Assessed value
$1,128,120
Assessed 2023
Previous assessed
$1,040,850
+8.4% YoY
Effective rate
2.04%
On assessed value
Assessed land
$174,800
Assessed improvement
$953,320
Land market value
$174,800
Improvement market value
$953,320
Total market value
$1,128,120
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
4
Total area
13,621 SF
Lot
0.91 ac (39,640 SF)
Zoning code
SMU
APN
22-35-10-AZ-00000.0-0009.04
UPID
US18-0281220
Jurisdiction
BREVARD
Zoning & alternative use
SMU · Titusville, FLZoning SMU · permitted uses
SMU · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Shoreline Mixed-Use (SMU) district is designed as a special district to protect the substantial public interest of the Indian River or Washington Avenue corridor. it is the intent of the district to encourage and enhance a mix of residential, public or semi-public uses, tourist use, commercial uses, public and private recreational uses including wet docking and boat shops are promoted. Marine service activities are prohibited. It is further intended that careful treatment of the visual environment and principal views of the public be considered when development is undertaken. This district shall be in accord with and promote the purposes set forth in the Comprehensive Plan.
Zone name
Shoreline Mixed Use
General category
MIXED_USE
Zone area
134.99 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Lot
0.91 ac
Current owner
From public records · entity-resolved
Daniel J Edwards
Individual
Mailing address
2395 S WASHINGTON AVE STE #5, TITUSVILLE, FL 32780-4702
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Nov 4, 2005
$1,200,000
Daniel J Edwards
Gm-1 Ptshp
Grant Deed
—
Aug 22, 2005
$1,200,000
Daniel J Edwards
Gm-1 Ptshp
Warranty Deed
$996,000 · Bank Of The West
Oct 9, 2001
$610,000
Gm-1 Partnership
Manzo,rose A
Grant Deed
$249,000 · First National Bank Central Fl
—
—
Dardan LLC
—
Deed Of Trust
related
$813,816 · Precision Holdings/brevard INC
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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