Titusville Commercial Property For
503 CHENEY HIGHWAY Titusville, FL 32780
503 CHENEY HIGHWAY, Titusville, FL, 32780
$630,000
For Sale
$630,000
Business - TITUSVILLE, FL
Property Size1,866 SF
Lot Size0.38 Acres
Price / SF$337.62
Days on Market116
Property Features for 503 CHENEY HIGHWAY
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- RC
- Exterior features
- Paved
- Standard status
- Active
- APN
- 22 3527-AV-*-9.04
- Size
- 1,866 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3612.12
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1963
- Building materials
- Block
- Roof type
- Membrane
- Architectural style
- Other
Listing Agency
MUTTER REALTY
(321) 269-9855
346 S WASHINGTON AVE, FL
Listed by
James Mutter · License #3218212
(321) 269-9855
Added: Mar 23 Checked: Jul 16 at 7:06 pm
MLS# O6392778
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located at the corner of Cheney Hwy and Sisson Rd in Titusville, Florida. The property sits on 0.38 acres and includes fencing in the back for privacy. The building has a functional layout and contains 1,866 square feet. It features 2 overhead doors, a vehicle lift, a reception area, and 1.5 bathrooms. The property benefits from high visibility and high traffic, making it suitable for a thriving business.
Key Highlights
- High‑traffic, highly visible corner location at Cheney Hwy and Sisson Rd.
- Versatile property suitable for various business types.
- Includes 2 overhead doors and a vehicle lift.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.6k | $18.00 |
| − Vacancy | −$2.9k | −$1.53 |
| EGI | $30.7k | $16.47 |
| − OpEx | −$9.2k | −$4.94 |
| NOI | $21.5k | $11.53 |
1,866 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$307.3K
$268.9K – $358.6K
NOI $21,513 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$162.9K
$142.5K – $190.1K
NOI $11,403 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$492.3K
$430.8K – $574.4K
NOI $34,461 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lapohn Enterprises LLC ...
Electric Motor Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- AAMCO Transmissions & Total Car Care — 610 Cheney Hwy, Titusville, FL 32780
- Earl's Auto Tech of Titusville LLC — 500 Cheney Hwy, Titusville, FL 32780
- Strickland Brothers 10 Minute Oil Change — 4305 S Hopkins Ave, Titusville, FL 32780
- AM Mobile Auto Repair — 1870 Cheney Hwy, Titusville, FL 32780
- Lubrication Specialist — 4305 S Hopkins Ave #6609, Titusville, FL 32780
FAQs
What type of property is this?
Auto shop - Highly visible commercial property with functional layout in Titusville, Florida.
Where is this auto shop located?
The property is located at 503 CHENEY HIGHWAY Titusville, FL.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: High‑traffic, highly visible corner location at Cheney Hwy and Sisson Rd.; Versatile property suitable for various business types.; Includes **2 overhead doors and a vehicle lift**.
