3370 Garden StTitusville, FL 32796

  • Office properties
  • 1,758 SF
For Sale
$345,000 View listing

Property Details for 3370 Garden St

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.22 AC
Property size (Sq ft)
1,758 SF
Zone code
OP
Property type
Office properties
Property subtype
Office buildings
APN
21-35-32-51-00005.0-0001.00
APU
9223372036854775807

Description

This exceptional 1-story, 9,583.2 sq ft office building at 3370 Garden Street, Titusville, FL 32796, presents a unique investment opportunity. Built in 1961, this fully furnished property boasts a prime location on a busy corridor, just 2,000 feet from I-95, with prominent signage visible from the exit ramp. Benefit from high daily traffic counts: 14,500 vehicles on Garden Street and 45,000 on I-95. The OP (Office Professional) zoning, with low-intensity commercial FLU designation, allows for a variety of uses (a full list is available). The building features multiple offices, a conference room, two full bathrooms, and a full kitchen. Recent upgrades include a 2018 roof, a 200A electrical panel, a 2020 parking lot resurfacing and striping, impact-resistant windows installed in 2021, and a freshly painted exterior. Ample parking is currently available, with potential for expansion. This turnkey property is offered at $330,000. Don't miss this chance to own a thriving business in a high-traffic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $417,698
    6.5%
    $385,568
    7%
    $358,027
  • Comparable approach

    Method
    Valuation
    Relative Method
    $301,901
    Geo Method
    $276,059
  • Alternative Use

    Use
    Valuation
    Residential
    $478,104
    Hospitality
    $437,941
    Educational
    $364,362
    Medical
    $376,892
    Retail
    $566,785
3370 Garden St, Titusville, Florida

Location Insight

City
Titusville
County
Brevard
State
Florida
Latitude
28.6194
Longitude
-80.8453
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,544
$25,110
$96,590
$121,700
-
$25,110
$96,590
$121,700

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