3550 Washington AveTitusville, FL 32780

  • Retail properties
  • 297,795 SF
For Sale

Property Details for 3550 Washington Ave

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
21.92 AC
Property size (Sq ft)
297,795 SF
Property type
Retail properties
Property subtype
Super regional malls
APN
22-35-15-00-00761.0-0000.00
APU
9223372036854775807

Description

This exceptional 2,000 square foot traditional office space is ideally situated at 3550 S. Washington Avenue #18/19 in Titusville, Florida, zip code 32780. Located within a high-traffic area at the entrance of the Titusville Mall, this single-tenant space boasts unparalleled visibility. The unit faces the Country Club and the mall's parking lot, ensuring maximum exposure to potential customers and clients. Its advantageous location next to Valentino's restaurant further enhances its accessibility and desirability. The space is ready for immediate occupancy, with availability commencing April 1st. The property type is classified as a traditional office, offering a functional and adaptable layout perfect for a variety of businesses. While the total building square footage is not specified, the vacant space comprises the entire 2,000 square feet, providing ample room for operations and growth. This prime location and high visibility make this office space an exceptional opportunity for businesses seeking a prominent presence in the thriving Titusville market. The property's address is confirmed as 3550 S Washington Ave, Titusville, FL 32780.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $104,010,848
    6.5%
    $96,010,016
    7%
    $89,152,160
  • Comparable approach

    Method
    Valuation
    Relative Method
    $128,873,320
    Geo Method
    $117,842,128
  • Alternative Use

    Use
    Valuation
    Residential
    $80,988,040
    Hospitality
    $74,184,608
    Educational
    $61,720,724
    Medical
    $63,843,396
    Retail
    $96,010,016
3550 Washington Ave, Titusville, Florida

Location Insight

City
Titusville
County
Brevard
State
Florida
Latitude
28.5756
Longitude
-80.8018
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
$100,319
$3,449,340
$10
$3,449,350
-
$3,449,340
$10
$3,449,350

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