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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Office buildings

5195 Washington Ave Titusville, FL 32780-7334

11,210 SF 1.54 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-0697139
Property summary
AI-generated overview

This exceptional 10,940-square-foot creative office building is available for lease in Titusville, Florida. Located at 5195 S. Washington Ave., this single-tenant property offers ample space for a variety of businesses. Previously used as a church, the building is zoned Community/Commercial, providing flexibility for diverse uses. Situated in Brevard County, this location offers easy access to major employers, including Kennedy Space Center/NASA, SpaceX, Blue Origin, L3-Harris Technologies, Cape Canaveral Cruises, Northrop Grumman, and Parrish Medical Center, ensuring a strong workforce pool and vibrant community. The entire building is vacant and ready for immediate occupancy. The property features a total of 10,940 square feet of usable space. The lease terms are negotiable, and the tenant is responsible for maintaining the lawn and landscaping. This presents a unique opportunity to establish a presence in a thriving area with excellent access to a skilled workforce and significant economic drivers. The property's zoning allows for a wide range of commercial uses, making it an attractive option for businesses seeking a versatile and strategically located space. Contact us today to learn more about this exceptional opportunity. The zip code is 32780.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,210 SF
Lot 1.54 ac (67,082 SF)
Zoning code CC
APN 22-35-26-BF-00000.0-0034.01
UPID US18-0697139
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
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.13M
Owner & transaction history
Port Village LLC · 4 yrs held
Port Village LLC
since 2022
Last sale
$1.2M
4 recorded transactions
2022
$1.2M
2013
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within t…

Zone name Community Commercial
General category COMMERCIAL
Zone area 713.42 ac
Source Realmo
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