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    FOR SALE
    Shopping centers

    3798 S Washington Ave, Titusville, FL 32780

    0.54 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US19-0099045
    Property summary
    AI-generated overview

    This exceptional 0.54-acre commercial land lease in Titusville, Florida, offers unparalleled visibility and accessibility. Situated on US-1, it boasts a remarkable 28,000 average annual daily traffic count, ensuring maximum exposure for your business. The property features stunning views of the Indian River and the Space Center, creating a desirable and unique location. Zoned CC, this vacant land presents a blank canvas for various commercial or retail developments. A conceptual site plan is available for review, providing inspiration for potential uses. The flat-rate monthly ground lease is priced at $5,000. This represents a rare opportunity to establish a strong presence in a thriving riverfront community with high traffic volume. The property is also available for purchase at $510,000. Don't miss this chance to secure a strategic location in this vibrant area. This is a single-tenancy property.

    Property profile
    Verified
    Property type Shopping centers
    Use group SHOPPING CENTER COMMON AREA
    Lot 0.54 ac (23,522 SF)
    APN 22-35-22-01-00000.0-0001.05
    UPID US19-0099045
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cape Lot LLC · 4 yrs held
    Cape Lot LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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