Property profile

6695 South Washington Ave Titusville, FL 32780

FOR SALE
Industrial land
Property ID
US18-6006241
3.4 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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6695 South Washington Ave, Titusville, FL 32780 For Sale
$4,320,276
6695 South Washington Ave, Titusville, FL 32780
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Property summary

AI-generated overview

This exceptional 45-acre commercial and industrial land parcel in Titusville, Florida, is offered at $5,625,000 ($125,000/acre). Located at 6695 S Washington Ave, 32780, this property boasts a prime location near the Kennedy Space Center, Boeing, and Lockheed Martin, providing unparalleled access to a skilled workforce and thriving aerospace industry. The site is zoned for Planned Industrial Development (PID), encompassing 25 acres of developable land and 20 acres of water with associated riparian rights. This presents a unique opportunity for diverse development, including office, industrial, and potentially retail ventures. The property's strategic location at the entrance to the Kennedy Space Center offers exceptional visibility and accessibility. The surrounding area features established businesses and convenient access to essential amenities, making it an attractive location for significant investment and development. This represents a rare chance to acquire a substantial land holding in a rapidly growing area of the Space Coast. The asking price reflects the property's significant potential and strategic location within a dynamic economic region.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.4 ac (148,104 SF)
Zoning code PID
APN 23-35-01-25-0000I.0-0000.00
UPID US18-6006241

Cap rate & NOI

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

Location

6695 South Washington Ave Titusville, FL 32780
Titusville metro Census 61202 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2017
3 recorded transactions
2017
$1.2M
2005
$4.0M
2005
Price N/A

Zoning & alternative use

PID · Titusville, FL
Zoning description

The Planned Industrial Development (PID) district is created to provide for areas of large scale, high technology and other clean light industry in an attractive parklike atmosphere. It is further intended that this dist…

General category INDUSTRIAL

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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