2959 Garden St Titusville, FL 32796
This exceptional retail opportunity encompasses 5,865 square feet of vacant space within a larger 21,376 square foot multi-tenant building situated at 2959 Garden Street in Titusville, Florida. The property boasts a highly desirable location directly on Highway 50/Garden Street, a key retail corridor in Northwest Titusville. Its strategic placement ensures maximum visibility and accessibility for potential customers. The building, constructed in 1966, benefits from its proximity to a newly expanded Publix Shopping Center (St. Johns Plaza) and a Walgreens, creating a synergistic retail environment with strong anchor tenants. This prime location offers significant foot traffic and exposure to a substantial customer base. The property sits on a 2.67-acre lot and is zoned RC. The building itself features two suites in total, with the available space representing a significant portion of the building's total square footage. While there are no elevators, the storefront configuration is ideal for a variety of retail uses. The minimum divisible space is 5,865 square feet, making it suitable for a single large tenant or potentially divisible for smaller businesses (subject to lease terms). This presents a rare chance to establish a thriving business in a high-demand retail area.
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Harbor Freight Tools Building Supply Hardware & Home Improvement
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KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC distr…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
RC · Titusville, FLThe Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC districts shall be located in a high intensity land use designations on the Future Land Use Map. Permitted uses and conditional uses require larger land areas with ample off-street parking and loading space. It is not the intent of this district that it shall be, used to encourage the extension of strip commercial areas.
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.