424 S Deleon Ave Titusville, FL 32796
For Sale
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This 7,800-square-foot warehouse, built in 1965, is situated on a 0.96-acre lot in Titusville, Florida (Brevard County, zip code 32796). The property, zoned C-WAREHOUS, offers significant potential for various business uses. The single-story building presents a versatile space ideal for storage, manufacturing, distribution, or creative studios. The large lot, fully paved and fenced, provides ample outdoor space. Its strategic location offers easy access to key transportation arteries, being approximately 30 minutes from Orlando International Airport, 5 minutes from Mosquito Lagoon, and 15 minutes from the beach. The property's size and location make it particularly attractive for investors seeking high rental income potential. Additional revenue streams could be generated from the ample outdoor space, suitable for RV or boat storage. The asking price is $1,799,000, translating to $231 per square foot. The property is owned by a corporation and the APN is 22250401000500001400. This is a prime opportunity for businesses seeking a functional and strategically located warehouse.
The Urban Mixed-Use (UMU) district is special district to be applied to the area north of Pine Street, west of the Florida East Coast Railroad, and east of Park Avenue intended to create a walkable, pedestrian-friendly environment allowing a mixing of both residential and commercial uses. Properties within this zoning district are intended to allow a mix of…
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
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Property description
Physical attributes from public recordsZoning & alternative use
UMU · Titusville, FLThe Urban Mixed-Use (UMU) district is special district to be applied to the area north of Pine Street, west of the Florida East Coast Railroad, and east of Park Avenue intended to create a walkable, pedestrian-friendly environment allowing a mixing of both residential and commercial uses. Properties within this zoning district are intended to allow a mix of residential and commercial land uses, while ensuring adequate buffers or screening between property uses of differing intensities. These regulations are intended to encourage mixed-use development that capitalizes on the opportunities of the Coast-to-Coast trail and proximity to the City downtown and provides flexibility in development standards. It is also intended to recognize the existing industrial businesses as permitted uses, while prohibiting the establishment of new industrial uses.
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.
