2323 Washington AveTitusville, FL 32780
- Land
- 0.04 AC
Property Details for 2323 Washington Ave
- Lot size
- 0.04 AC
- Zone code
- SMU
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 22-35-10-AZ-00000.0-0009.02
- APU
- 223510AZ000000000902
Description
This exceptional 14,620-square-foot executive office building presents a compelling investment opportunity in Titusville, Florida. Constructed in 1964, the Class C property sits on a generous 1.85-acre lot and is zoned SMU. Its strategic location offers significant potential for value appreciation, situated amidst considerable growth and development. Nearby, the new 182-unit Dream Apartment complex and the expansive 3-million-square-foot Space Coast Innovation Park, catering to the burgeoning private space industry, demonstrate the area's dynamic expansion. The property benefits from its proximity to major employers, including NASA, Blue Origin, and SpaceX, ensuring a strong pool of potential tenants. The building's substantial size and prime location along the Indian River make it an ideal asset for investors seeking to capitalize on the region's thriving economic landscape. This is a rare chance to acquire a well-positioned office property poised for significant future returns in a rapidly developing area. The property's existing infrastructure provides a solid foundation for immediate occupancy or future redevelopment, offering flexibility to suit a variety of business needs. The ample lot size also allows for potential expansion or future development opportunities. This is a unique opportunity to own a piece of Titusville's exciting future.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $473,753
- Hospitality
- $433,955
- Educational
- $361,045
- Medical
- $373,462
- Retail
- $561,626
Location Insight
- City
- Titusville
- County
- Brevard
- State
- Florida
- Latitude
- 28.5883
- Longitude
- -80.8016
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- How can I contact the broker?
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