1018 Orange StTitusville, FL 32796

Property Details for 1018 Orange St

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.33 AC

Property size (Sq ft)

8,308 SF

Zone code

M1

Property type

Retail properties

Property subtype

Auto shops

APN

22-35-04-AU-00034.0-0003.00

APU

223504AU000340000300

Description

This exceptional 8,308-square-foot flex space industrial property in Titusville offers a unique opportunity for businesses seeking versatile warehouse and office accommodations. The single-story building, constructed in 1966, features a spacious 7,608-square-foot warehouse area complemented by a 700-square-foot office. The property boasts two 10' x 10' manual roll-up doors, providing convenient access for loading and unloading. Power is supplied via a 3-phase system, ideal for various industrial applications. The warehouse benefits from a 10-foot clear ceiling height, maximizing storage and operational efficiency. The property is zoned M1 by the City of Titusville. Ample parking is available with 12 total spaces, and two drive-in bays further enhance accessibility. The entire 8,308 square feet is currently vacant and available for lease. The property's strategic location just off SR 406 offers easy access to Interstate 95 and US 1, ensuring seamless transportation and logistics. This property is perfect for a business needing both indoor and outdoor storage. The property includes a secured outdoor storage lot. The parcel number is 22-35-04-AU-34-3. Minimum divisible space is 2,100 square feet. The building consists of two suites.

• CAP approach

  CAP return

  Valuation

  6%

  $2,901,735

  6.5%

  $2,678,524

  7%

  $2,487,201

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,595,358

  Geo Method

  $3,287,605

• Alternative Use

  Use

  Valuation

  Residential

  $2,259,436

  Hospitality

  $2,069,631

  Educational

  $1,721,909

  Medical

  $1,781,128

  Retail

  $2,678,524

Location Insight

City

Titusville

County

Brevard

State

Florida

Latitude

28.6149

Longitude

-80.8154

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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