Log In/Sign Up
Your email has been sent.
1881-1931 Knox Mcrae Dr
Titusville, FL 32780
Royal Oaks Plaza · Retail Property For Sale
Investment Highlights
- Located within a well-established residential area, providing a built-in customer base.
- Recent stucco enhancements improve durability and aesthetics.
- Substantial on-site parking ensures convenience for customers and staff.
- The property exterior has been freshly painted, delivering strong visual appeal.
- Offers a highly functional layout with flexibility for multi-tenant or single-anchor use.
- Excellent visibility and access from a well-traveled roadway.
Executive Summary
This expansive shopping center offers a compelling opportunity for investors seeking a retail asset with multiple utilization pathways. Positioned in a residential community of Titusville, this single-story property delivers convenience and visibility within a growing local neighborhood. Situated on nearly six acres, the center features a flexible configuration designed to accommodate multiple tenants or a dedicated retail anchor.
The property has recently undergone exterior updates including fresh paint and enhanced stucco finishes, reducing near-term maintenance needs and presenting an attractive exterior for tenants and visitors alike. Ample on-site parking supports consistent foot traffic, while the block and stucco construction provides long-term durability. Located minutes from key city thoroughfares and supported by a strong residential base, the center is well-configured for retail, dining, fitness, service, or specialty uses. This listing represents a stable acquisition with potential for value-add through lease-up and tenant diversification.
The property has recently undergone exterior updates including fresh paint and enhanced stucco finishes, reducing near-term maintenance needs and presenting an attractive exterior for tenants and visitors alike. Ample on-site parking supports consistent foot traffic, while the block and stucco construction provides long-term durability. Located minutes from key city thoroughfares and supported by a strong residential base, the center is well-configured for retail, dining, fitness, service, or specialty uses. This listing represents a stable acquisition with potential for value-add through lease-up and tenant diversification.
Property Facts Under Contract
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Building Size
71,661 SF
Building Class
C
Year Built/Renovated
1983/2001
Price
$9,106,890 CAD
Price Per SF
$127.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
14.21 AC
Zoning
CC - Community Commercial
Parking
360 Spaces (5.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 22-35-21-00-00258.0-0000.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $8,461,674 CAD |
Property Taxes
Parcel Number
22-35-21-00-00258.0-0000.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,461,674 CAD
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
