2323 Washington AveTitusville, FL 32780

  • Land
  • 0.04 AC
For Sale

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
2323 Washington Ave, Titusville, Florida

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

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
$120
-
$120
-
$120
-
$120

FAQs

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