3798 S Washington Ave, Titusville, FL 32780
For Sale
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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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.