2560 S Washington Ave Titusville, FL 32780
Property profile & analytics
2560 S Washington Ave Titusville, FL 32780
- Strip malls
- 6,150 SF
- 1.05 lot acres
Property ID
US19-0099044
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sage Dental of Titusville / Dental Office
- Chipotle Mexican Grill / Restaurant / Take-out & Catering
Property Details for 2560 S Washington Ave
- Year built
- 2022
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.05 lot acres
- Property size
- 6,150 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 22-35-15-02-00000.0-0005.01
- APU
- 9223372036854775807
Description
This exceptional investment opportunity presents a fee-simple ownership of a 6,150-square-foot retail property in Titusville, Florida. Located at 2560 S Washington Ave, this Class A, single-story building sits on a 1.05-acre lot and boasts 51 parking spaces. Currently 100% occupied by two credit-rated tenants, Chipotle and Sage Dental, under a triple-net (NNN) lease structure with a remaining term of 9 years. The lease includes a 10% rent increase every five years, ensuring consistent income growth. Chipotle's presence, including a Chipotlane drive-thru, and Sage Dental's established reputation contribute to the property's strong financial performance. The property's NOI is $252,638, resulting in a 4.91% cap rate. Built in 2022, the property benefits from its strategic location within the Titus Landing Lifestyle Center, a significant retail development anchored by major brands. The property is zoned UV - Urban Village, and its location on the Space Coast, near Kennedy Space Center and Orlando, provides access to a thriving tourism and aerospace industry. This core investment offers a compelling combination of strong tenants, a desirable location, and significant upside potential. The asking price is $5,150,000, translating to $837.40 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,910,000
- ML approach
- $3,875,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $3,105,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8021
- Latitude
- 28.5846
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,746
$201,650
$645,720
$847,370
-
$201,650
$645,720
$847,370
