Property profile

613 Orange St Titusville, FL 32796

FOR SALE
Office buildings
Property ID
US18-5945444
1,248 SF 0.31 ac lot Built 1947
Individually Owned 9-yr Hold Free & Clear
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613 Orange St, Titusville, FL 32796 For Sale
$550,000 1,248 SF
613 Orange St, Titusville, FL 32796
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Property summary

AI-generated overview

This exceptional commercial property, located at 613 Orange Street in Titusville, Florida, presents a unique investment opportunity. The asking price is $600,000. This offering encompasses two units within a retail building constructed in 1947, situated on a substantial 13,503.6 square foot lot. The property's zoning allows for a variety of commercial uses. A key feature is the inclusion of a high-bay garage located at the rear of the building, providing ample storage or workshop space. The sale includes both 609 and 613 Orange Street, offering significant potential for expansion or multi-tenant occupancy. The property's location in Titusville, Brevard County, Florida (zip code 32796), provides excellent access to major roadways and a thriving local market. With its generous lot size and versatile building configuration, this property is well-suited for a range of commercial ventures. The property's age presents an opportunity for renovation or modernization to enhance its value and appeal. This is an ideal opportunity for investors seeking a strong foothold in the vibrant Titusville commercial real estate market. The property's size and features make it suitable for a variety of commercial uses, offering significant potential for return on investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,248 SF
Lot 0.31 ac (13,504 SF)
Zoning code UMU
APN 22-35-03-30-0000B.0-0005.01
UPID US18-5945444

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

613 Orange St Titusville, FL 32796
Titusville metro Census 60700 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2017
$225,000
2017
Price N/A
2017
Price N/A

Zoning & alternative use

UMU · Titusville, FL
Zoning description

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 e…

General category MIXED_USE

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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