1231 Garden StTitusville, FL 32796

Property Details for 1231 Garden St

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

9,364 SF

Property type

Office properties

APN

22-35-04-01-00042.3-0000.00

APU

9223372036854775807

Description

This exceptional three-building office and retail complex, situated on 1.14 acres in Titusville, Florida, offers 20,000 square feet of space across 13 suites. Built in 1986, the property boasts recently renovated suites, a fresh coat of paint, updated façade signage, and a newly renovated parking lot. The meticulously maintained landscaping enhances the professional image of this multi-tenant property. Seven spaces are currently available, ranging from 600 to 2,709 square feet, perfect for a variety of businesses. The complex benefits from a highly visible location on the Garden Street corridor, surrounded by major retail anchors including Publix, Dollar General, McDonald's, Wendy's, Family Dollar, Beall's Outlet, Payless Shoes, Sally Beauty, Ace Hardware, Burger King, Walgreens, CVS Pharmacy, and Kentucky Fried Chicken. The property is zoned for office and retail use and features a prominent monument sign. This is an excellent opportunity to establish a presence in a thriving Titusville commercial hub. The property's address is 1231 Garden St, Titusville, FL 32796, and its APN is 22-35-04-01-00042.3-0000.00. The property is located in Brevard County and the Titusville submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $2,224,874

  6.5%

  $2,053,729

  7%

  $1,907,034

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,608,076

  Geo Method

  $1,470,429

• Alternative Use

  Use

  Valuation

  Residential

  $2,546,624

  Hospitality

  $2,332,694

  Educational

  $1,940,774

  Medical

  $2,007,520

  Retail

  $3,018,982

Location Insight

City

Titusville

County

Brevard

State

Florida

Latitude

28.615

Longitude

-80.8176

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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