4217 Hopkins AveTitusville, FL 32780

Property Details for 4217 Hopkins Ave

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

1,572 SF

Zone code

CC

Property type

Office buildings

APN

22-35-22-03-00012.0-0011.00

APU

9223372036854775807

Description

This exceptional 9,583.2 sq ft commercial property, located at 4217 S Hopkins Avenue in Titusville, Florida, presents a unique investment opportunity. Built in 1955, this single-story retail building and land sits on a prominent location offering high visibility due to its position on a main thoroughfare. The property's blank slate interior allows for complete customization to suit a variety of business needs. Its convenient location provides easy access to both Highway 50 and US-1, ensuring excellent accessibility for customers and employees. The property is zoned for commercial use and offers significant potential for growth and profitability. The asking price is $250,000. This is a single-unit property situated in Brevard County, Florida, zip code 32780. The property's high traffic count ensures maximum exposure for any business operating from this location. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. The property's potential is limited only by the buyer's imagination. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $423,306

  6.5%

  $390,744

  7%

  $362,833

• Comparable approach

  Method

  Valuation

  Relative Method

  $269,959

  Geo Method

  $246,851

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $750,975

  Retail / Commercial

  $388,680

  Mixed-Use / Specialty

  $390,119

  Hospitality / Lodging

  $289,896

  Institutional / Educational

  $406,576

  Residential Income

  $475,694

  Multifamily

  $554,863

  Automotive / Energy

  $348,494

  Parking / Income-Based Land

  $117,470

  Restaurant / Food Service

  $208,932

  Healthcare / Senior Housing

  $397,164

Location Insight

City

Titusville

County

Brevard

State

Florida

Latitude

28.5651

Longitude

-80.8021

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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