1228 Hopkins AveTitusville, FL 32780

  • Retail properties
  • 2,117 SF
For Sale
$399,000 View listing

Property Details for 1228 Hopkins Ave

Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.54 AC
Property size (Sq ft)
2,117 SF
Zone code
CBD
Property type
Retail properties
APN
22-35-03-56-00011.0-0005.00
APU
9223372036854775807

Description

This exceptional commercial property, located at 1228 S. Hopkins Ave. W in Titusville, Florida (zip code 32780), presents a unique investment opportunity. The 1,800 square foot building sits on a 0.54-acre lot and offers a flexible layout ideal for diverse business ventures. The structure features two separate front entrances, each with its own bathroom, providing the potential for dual occupancy or a single, expansive space. Large roll-up doors at the rear of the building offer convenient access for deliveries or additional operational needs. Dedicated office space is included, catering to administrative requirements. The property's location in the heart of Titusville ensures high visibility and accessibility. A significant bonus is the availability of metal spinning equipment, which can be purchased separately, adding further value to this already attractive investment. This property is zoned for commercial use and offers a rare combination of space, location, and potential. The asking price is $399,000. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $739,404
    6.5%
    $682,527
    7%
    $633,775
  • Comparable approach

    Method
    Valuation
    Relative Method
    $916,150
    Geo Method
    $837,730
  • Alternative Use

    Use
    Valuation
    Residential
    $575,737
    Hospitality
    $527,372
    Educational
    $438,768
    Medical
    $453,857
    Retail
    $682,527

Location Insight

City
Titusville
County
Brevard
State
Florida
Latitude
28.6014
Longitude
-80.809
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
$2,730
$64,130
$65,110
$129,240
-
$64,130
$65,110
$129,240

FAQs

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