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    OFF-MARKET Estimated value $600,000
    Strip malls

    3550 Hopkins Ave, Titusville, FL 32780-5631

    5,508 SF 0.28 ac lot Built 1966
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US18-2910548
    Property summary
    AI-generated overview

    This exceptional commercial property, the Hopkins Avenue Shopping Center, presents a fantastic leasing opportunity in the thriving Titusville, Florida market. Located at 3550 S Hopkins Ave, 32780, this single-story, 5,670 square foot building offers a blend of office and retail space, currently divided into four suites. Built in 1966, the property sits on approximately 0.3 acres and enjoys a highly visible location in the Hopkins Shopping Center, conveniently situated near the Searstown Mall. One suite, measuring 1,215 square feet, is currently available for lease. The property's traditional office subtype makes it ideal for a variety of businesses seeking a well-established presence in a bustling commercial area. The property's location in the Titusville submarket provides excellent access to local amenities, transportation routes, and a strong customer base. The building's APN is 22-35-15-78-00005.0-0001.00. This is an excellent opportunity for businesses seeking a functional and conveniently located space in a well-established commercial center. The property's single-story design offers easy accessibility and efficient use of space. Don't miss this chance to secure your business's future in this prime Titusville location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1966
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,508 SF
    Lot 0.28 ac (12,197 SF)
    Zoning code CC
    APN 22-35-15-78-00005.0-0001.00
    UPID US18-2910548
    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
    • Diverse Salon Hair Salon Nail Salon
    • Liberty Tax Service Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $702k
    Blend (final) Blend
    $600k
    Owner & transaction history
    Hopkins Ave Shopping Ctr LLC · 8 yrs held
    Hopkins Ave Shopping Ctr LLC
    since 2018
    3 recorded transactions
    2020
    2018
    $200,000
    1969
    Zoning & alternative use
    CC · Titusville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $950,000 +25.2%
    Medical building $855,000 +12.7%
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