Property profile

3550 Hopkins Ave Titusville, FL 32780

OFF-MARKET
Strip malls
Property ID
US18-2910548
5,508 SF 0.28 ac lot Built 1966
Entity Owned 8-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Accounting Firm Tax Preparation

Location

3550 Hopkins Ave Titusville, FL 32780-5631
Titusville metro Census 71402 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$702k
Blend (final) Blend
$270k

Owner & transaction history

since 2018
3 recorded transactions
2020
Price N/A
2018
$200,000
1969
Price N/A

Zoning & alternative use

CC · Titusville, FL
Zoning description

The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a…

General category COMMERCIAL
Top alternative use upside
Office building $950,000 +25.2%
Medical building $855,000 +12.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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