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Property profile & analytics
FOR LEASE
Shopping centers

3412 S Washington Ave Titusville, FL 32780

364 SF 0.36 ac lot Built 1991
Individually Owned 11-yr Hold Free & Clear
Property ID
US18-2575127
Property summary
AI-generated overview

This exceptional 0.36-acre commercial lot in Titusville, Florida, presents a unique investment opportunity. Located at 3412 S Washington Avenue, the property boasts 160 feet of frontage on US Highway 1, ensuring high visibility and accessibility. Previously utilized as a drive-thru coffee shop, the site is completely paved, including ample parking, making it immediately ready for development. The property's APN is 22-35-15-75-00005.0-0016.00. This single-tenant site is classified as Special Purpose and Airport subtype, offering significant potential for various commercial ventures. The absence of existing buildings allows for complete customization to suit your specific business needs. The location within Titusville, Florida, zip code 32780, provides access to a thriving community and convenient transportation links. This shovel-ready site eliminates lengthy preparation periods, allowing for a swift commencement of your project. Seize this chance to establish your business in a high-traffic area with excellent visibility and immediate development potential. The property is offered as a land lease.

Property profile
Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1991
Total area 364 SF
Lot 0.36 ac (15,682 SF)
Zoning code CC
APN 22-35-15-75-00005.0-0016.00
UPID US18-2575127
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Leonard J Aten · 11 yrs held
Leonard J Aten
since 2015
5 recorded transactions
2015
$52,000
2012
Price N/A
2008
Price N/A
2006
$152,500
2006
Price N/A
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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