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1002 Tropic St - 4,950 sqft Storage Warehouse | Titusville, FL 4,950 SF Specialty Building Offered at $349,000 at a 10.51% Cap Rate in Titusville, FL 32796
Investment Highlights
- 4,950 SF Storage Warehouse - Single-building mini storage facility featuring 31 storage units, offering immediate income potential with upside
- Existing In-Place Income - Approximately 17+ storage units are currently occupied and generating rental income, providing immediate cash flow
- Flexible UMU Zoning - Urban Mixed Use zoning supports a variety of commercial, storage, and mixed-use possibilities for long-term flexibility.
- Prime Titusville Location - Situated on Tropic St with convenient access to major roads, residential neighborhoods
- Value-Add Storage Opportunity - Remaining vacant units create strong upside potential through increased occupancy
- Opportunity Zone Advantage - Positioned within an Opportunity Zone, offering potential long-term tax advantages for investors and developers.
Executive Summary
Address: 1002 Tropic St Titusville, FL 32796
County: Brevard County
Parcel ID: 22 3504-09-37-6
Building size: 4,950 sqft
Land size (acre): 0.13
Land size (sqft): 5,663
Zoning: UMU
Layout: 1 building | 31 mini storage
Sewer: Connected
Water: City Water. Connected
Electric: Connected
Road Access: Yes
Flood Zone: No
Wetlands: No
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $3,884/month
Potential NOI: $36,666
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Brevard County
Parcel ID: 22 3504-09-37-6
Building size: 4,950 sqft
Land size (acre): 0.13
Land size (sqft): 5,663
Zoning: UMU
Layout: 1 building | 31 mini storage
Sewer: Connected
Water: City Water. Connected
Electric: Connected
Road Access: Yes
Flood Zone: No
Wetlands: No
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $3,884/month
Potential NOI: $36,666
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
Property Facts
| Price | $349,000 | Building Class | C |
| Price Per SF | $70.51 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,950 SF |
| Cap Rate | 10.51% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1920 |
| Property Type | Specialty | Parking Ratio | 1.01/1,000 SF |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Zoning | UMU | ||
| Price | $349,000 |
| Price Per SF | $70.51 |
| Sale Type | Investment |
| Cap Rate | 10.51% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,950 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Parking Ratio | 1.01/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | UMU |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-35-04-09-00037.0-0006.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $163,160 |
Property Taxes
Parcel Number
22-35-04-09-00037.0-0006.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,160
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1002 Tropic St - 4,950 sqft Storage Warehouse | Titusville, FL
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