5 Deleon AveTitusville, FL 32796

Property Details for 5 Deleon Ave

Year built

1974

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

598 SF

Zone code

OP

Property type

Retail space

APN

21-35-34-51-00001.0-0001.00

APU

9223372036854775807

Description

This Titusville, Florida commercial property, located at 5 N Deleon Avenue (APN 21-35-34-51-00001.0-0001.00), offers 1,674 square feet of office space in a single-tenant building on a 0.26-acre lot. The one-story building features a large reception/waiting area or showroom, three private offices, a spacious great room with ample storage, and an updated bathroom. A renovated break room/kitchen includes appliances and stone countertops. The property's convenient location offers easy access to US 1 and Interstate 95, and is near restaurants, medical facilities, and shopping, situated behind Hedzup Hair Studio on Garden Street. Lawn maintenance is included in the monthly rent of $1500 (plus sales tax), while water is shared with the adjacent business and utilities are separately metered. Note that the carport and garage are not accessible to the tenant. The property is zoned community commercial. This versatile space is ideal for a variety of office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $208,863

  6.5%

  $192,797

  7%

  $179,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $258,790

  Geo Method

  $236,638

• Alternative Use

  Use

  Valuation

  Residential

  $162,632

  Hospitality

  $148,970

  Educational

  $123,941

  Medical

  $128,203

  Retail

  $192,797

Location Insight

City

Titusville

County

Brevard

State

Florida

Latitude

28.6157

Longitude

-80.8145

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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