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    FOR SALE
    Medical Office Space

    830 Century Medical Dr, Titusville, FL 32796

    9,946 SF 1.04 ac lot Built 1991
    Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-4065349
    Property summary
    AI-generated overview

    This 9,270 square foot freestanding medical and office building presents a compelling investment opportunity in Titusville, Florida. Located at 830 Century Medical Dr, 32796, within the Century Medical Plaza, this property boasts a prime location near Parrish Medical Center. The building, constructed in 1991 and situated on a 0.79-acre lot (APN: 21-35-33-01-*-16), is zoned for hospital and medical use. It features three individual suites. Suite A (approximately 3,019 square feet) is currently occupied by a healthcare tenant and includes exam rooms, private offices, three restrooms, an IT area, and a break room. Suite B (approximately 2,738 square feet), a former medical office, is vacant and offers a waiting area, nurses' station, exam rooms, private offices, and a break room. Finally, Suite C (approximately 3,603 square feet) is an unfinished open storage area, offering a blank slate for future development and is plumbed for restrooms. The property includes common open surface parking in a paved lot. The asking price is $1,250,000, translating to $134.84 per square foot. This property offers significant potential for both immediate income and future expansion within a thriving medical community. The building's versatile layout and strategic location make it an ideal investment for both seasoned and emerging investors in the healthcare real estate sector.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1991
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 9,946 SF
    Lot 1.04 ac (45,302 SF)
    Zoning code HM
    APN 21-35-33-01-00000.0-0016.00
    UPID US18-4065349
    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
    Current use
    Occupant on record · Public records
    • Dialisys-Kidney Center-N Brevard Medical Clinic
    • JOHANNA B PILLADO Physician
    • Dr. Thomas A. Smith, MD Physician
    • JACKLYN ALEXIS XAVIER Physician
    • WENDY L WORSLEY Pediatrician Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $913k
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    Bemi Unlimited INC
    Bemi Unlimited INC
    1 recorded transaction
    1969
    Zoning & alternative use
    HM · Titusville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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