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    OFF-MARKET
    Commercial land

    850 Main St, Titusville, FL 32796-3457

    0.12 ac lot
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US18-8913552
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 5,227 square foot commercial lot ideally situated at 850 Main Street in Titusville, Florida, zip code 32796. Located within a thriving multi-unit residential area, this cleared lot offers significant potential for various commercial developments. The property's zoning (not specified in provided information) will need to be verified by the prospective buyer to determine allowable uses. The asking price for this strategically positioned land is $38,000. Given its size and location in a densely populated area, this property presents a compelling opportunity for developers seeking to capitalize on the growing demand for commercial space in Titusville. The property's address is easily accessible from Main Street, providing excellent visibility and convenient access for potential businesses. Further due diligence is recommended to fully assess the development potential and confirm zoning regulations. This is a rare chance to acquire a substantial commercial lot in a prime location, offering a strong return on investment for the right developer. The property is classified as commercial, apartment building, and residential, suggesting versatility in potential uses. The lot's dimensions and exact shape will need to be verified through a site survey. This information is provided for informational purposes only and should not be considered a substitute for professional advice.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.12 ac (5,227 SF)
    Zoning code UMU
    APN 22-35-03-25-00000.0-0023.00
    UPID US18-8913552
    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
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Sylvia F Brown · 11 yrs held
    Sylvia F Brown
    since 2015
    4 recorded transactions
    2023
    2015
    $24,900
    2005
    2005
    $12,500
    Zoning & alternative use
    UMU · Titusville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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