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32976186
32949400

1002 Tropic Street, Titusville, FL 32796

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC
$334,000
13 days on market
Updated 4 days ago
Opportunity zone

4,950 sqft Storage Warehouse | Titusville, FL 32796

Details
Property Type Industrial, Self Storage
Sub Type Warehouse
Square Footage 4,950
Units 31
Tenancy Multi
Pro-Forma Cap Rate 10.98%
Pro-Forma NOI $36,666
Buildings 1
Acreage 0.130
Zoning UMU
Ground Lease No
Sale Condition 1031 exchange

4,950 sqft Storage Warehouse | 1002 Tropic St Titusville, FL 32796 | Brevard County

Marketing description

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

Deal Highlights

🏭 4,950 SF Storage Warehouse - Single-building mini storage facility featuring 31 storage units, offering immediate income potential with upside through lease-up and rent growth.

πŸ“ Prime Titusville Location - Situated on Tropic St with convenient access to major roads, residential neighborhoods, and surrounding commercial activity in Brevard County.

πŸ’° Existing In-Place Income - Approximately 17+ storage units are currently occupied and generating rental income, providing immediate cash flow for investors.

πŸ“ˆ Value-Add Storage Opportunity - Remaining vacant units create strong upside potential through increased occupancy, rental optimization, and operational improvements.

πŸ— Flexible UMU Zoning - Urban Mixed Use zoning supports a variety of commercial, storage, and mixed-use possibilities for long-term flexibility.

πŸ›£ Direct Road Access - Easy ingress and egress enhances accessibility for tenants and day-to-day operations.

πŸ“¦ Strong Self-Storage Demand - Located in a growing Brevard County market with continued demand for affordable storage solutions from residents and local businesses.

🌎 Opportunity Zone Advantage - Positioned within an Opportunity Zone, offering potential long-term tax advantages for investors and developers.

🚫Showing property visits by appointment only.

πŸ“² 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.

Listing Contacts

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC

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Additional Information

Name
Drew Attias
License
Florida
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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