New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Strip malls
2400 Hopkins Ave, Titusville, FL 32780-5076
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0278860
Property summary
AI-generated overview
This 11,755 square foot, single-story, Class B commercial building in Titusville, Brevard County, offers multiple leasing opportunities. Built in 1985 and renovated in 2020, the property features 12 suites totaling 11,755 square feet, with 1,800 square feet currently vacant. Available spaces range from 900 to 1,800 square feet and are suitable for retail, office, or restaurant uses. The building is situated on 0.91 acres of land and is zoned CC. Utilities include individually metered electric, with water and garbage included in the lease. A minimum three-year lease is required. This exceptional location offers unparalleled visibility, adjacent to the new Titus Landing lifestyle shopping complex, providing easy access to Kennedy Space Center, Orlando, and nearby beaches. The property's recent renovations make it a highly desirable location for businesses seeking a prominent presence in Titusville's rapidly growing market. The flexible floor plans allow for various configurations to meet diverse business needs.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,580 SF
Lot
0.91 ac (39,640 SF)
Zoning code
CC
APN
22-35-10-AZ-00000.0-0009.00
UPID
US18-0278860
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
-
Steps Charitable Organization Social Service Agency
-
Clear Choice Title Title Company
-
National Marine Fisheries Services Sustainability Organization
-
Home - Pristine Professional Cleaning Service Llc Hardware & Home Improvement
-
Woods 2 Water Apparel Outdoor Sports Store Shoe Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Titusville Harrison Two LLC · 4 yrs held
Titusville Harrison Two LLC
since 2022
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+25.2%
Medical building
$2.3M
+12.7%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,010,000
Current use
OFFICE BUILDING
$2,515,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$2,265,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,890,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$114 / 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
$12,685
Tax year 2023
Assessed value
$891,420
Assessed 2023
Previous assessed
$822,150
+8.4% YoY
Effective rate
1.42%
On assessed value
Assessed land
$108,460
Assessed improvement
$782,960
Land market value
$108,460
Improvement market value
$782,960
Total market value
$891,420
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
13
Total area
14,580 SF
Lot
0.91 ac (39,640 SF)
Zoning code
CC
APN
22-35-10-AZ-00000.0-0009.00
UPID
US18-0278860
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FL
Zoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
13
Lot
0.91 ac
Current owner
From public records · entity-resolved
Titusville Harrison Two LLC
Entity
Mailing address
1760 CHENEY HWY, TITUSVILLE, FL 32780-6241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Titusville Harrison Two LLC
Titusville Harrison One LLC
Special Warranty Deed
$100,000 · Rga Reinsurance Company
Aug 19, 2021
$1,050,000
Titusville Medical Developers LLC
Gregory J Nelson
Warranty Deed
$2,295,000 · One Florida Bank
Mar 4, 2020
$385,000
Bpo Properties LLC
Kevin P Riley
Warranty Deed
$273,000 · Kevin P & Catherine A Riley
Feb 21, 2020
—
Trikspn INC
—
Deed
related
$350,000 · Florida Busn Bk
May 17, 2019
—
Trikspn INC
—
Deed
related
$90,000 · Florida Busn Bk
Oct 9, 2018
—
Trikspn INC
—
Deed
related
$150,000 · Florida Busn Bk
Mar 8, 2018
—
Trikspn INC
—
Deed
related
$300,000 · First Business Bank
Sep 28, 2009
$900,000
Dardan LLC
Edwards,daniel J
Quit Claim Deed
related
—
Aug 7, 2006
$1,160,000
Trikspn INC
Ronald J Lappert
Warranty Deed
$840,000 · Wachovia Bank NA
Mar 21, 2006
$10,005,000
Sunrise Props & Invs 17 LLC
Karantinos Nicholas
Warranty Deed
—
Sep 13, 2005
$1,050,000
Ronald J Lappert
Damiano,nicholas
Warranty Deed
$725,000 · Harbor Fsb
Dec 3, 2004
$850,000
Damiano Nicholas Trust
Hopkins Square INC
Warranty Deed
—
Aug 18, 2004
—
Record Owner
Kajy,gabe
Warranty Deed
related
—
Jul 13, 2004
—
Hopkins Square INC
Kajy,gabe & Nadima
Grant Deed
$450,000 · Branch Banking & Trust Co
—
—
Trikspn INC
—
Loan Modification
related
$90,000 · Florida Busn Bk
—
—
Trikspn INC
—
Deed Of Trust
related
$364,000 · Florida Business Bank
—
—
Trikspn INC
—
Loan Modification
related
$350,000 · Florida Busn Bk
—
—
Trikspn INC
—
Loan Modification
related
$150,000 · Florida Busn Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2400 Hopkins Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
