Property profile

4710 Washington Ave Titusville, FL 32780

OFF-MARKET
Retail space
Property ID
US18-0510496
3,766 SF 30.85 ac lot Built 1963
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use development opportunity in Titusville, Florida, presents a unique investment prospect. Located on South Washington Avenue (US Hwy 1), the property encompasses .88 to 20.13 acres of land zoned Urban Village with a land use designation of Urban Mixed Use. This allows for a diverse range of commercial uses, including convenience stores, retail spaces, and restaurants with drive-thru capabilities. The master-planned development will feature approximately 300 multi-family units, creating a vibrant and thriving community. Significant infrastructure improvements are already underway, including offsite stormwater management, rough grading, utilities, and a master infrastructure plan. A proposed traffic light and multiple access points from US Hwy 1 will ensure excellent visibility and accessibility. The property benefits from its proximity to a redeveloping marina with 140 planned slips and a future convention center. Titusville itself is experiencing rapid growth, fueled by a robust economy encompassing aerospace, manufacturing, healthcare, boating, and tourism. The city's strategic location offers easy access to major attractions, including Kennedy Space Center, Daytona International Speedway, Port Canaveral, and Orlando. With four international airports nearby, this location provides unparalleled convenience and accessibility.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,766 SF
Lot 30.85 ac (1,343,826 SF)
Zoning code RC
APN 22-35-26-BF-00000.0-0008.00
UPID US18-0510496

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
  • Tour Operator

Location

4710 Washington Ave Titusville, FL 32780-7305
Titusville metro Census 61201 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
$670k
Comparable Approach Comparable
$649k
Blend (final) Blend
$400k

Owner & transaction history

since 2026
4 recorded transactions
2026
$5.3M
2005
Price N/A
2002
$150,000
2002
$372,800

Zoning & alternative use

RC · Titusville, FL
Zoning description

The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $895,000 +82.6%
Auto repair, garage $785,000 +60.6%
Office building $650,000 +32.8%

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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