Cleared Land on Busy
8251 WINDOVER WAY Titusville, FL 32780
8251 WINDOVER WAY, Titusville, FL, 32780
$7,000,000
For Sale
$7,000,000
Business - TITUSVILLE, FL
Property Size18,151 SF
Lot Size6.94 Acres
Price / SF$385.65
Days on Market155
Property Features for 8251 WINDOVER WAY
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- RC
- Standard status
- Active
- APN
- 22 3530-AV-*-61
- Size
- 18,151 SF
- Lot size
- 6.94 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 30512.86
Building Details
- Year built
- 1988
- 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: Feb 11 Checked: Jul 16 at 9:06 pm
MLS# O6381649
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.
Almost 7 acres of cleared land are available on a busy corridor with established businesses, including Walmart, Home Depot, and Lowe's. Newer businesses are currently under construction in the area. The property is high and dry, with convenient access from I-95 and Rt 50 (Exit 215). The zoning is Regional Commercial (RC), designed for a wide range of permitted and conditional uses that offer goods and services to shoppers. The property was previously used as a gas station and truck stop. Ingress and egress are available from Cheney Hwy (Rt 50) and Windover Way. Potential uses include a restaurant, retail center, family entertainment venue, hotel, or gas station. The property is located minutes from Brevard's best beaches and Orlando. The land can be subdivided. The property size is 18151 square feet.
Key Highlights
- Almost 7 acres of cleared, high & dry land in a high‑traffic commercial corridor.
- Zoned Regional Commercial (RC) allowing for a wide range of business possibilities (restaurant, retail, hotel, gas station, etc.).
- Excellent access from I‑95 & Rt 50 (Exit 215) with ingress/egress from Cheney Hwy (Rt 50) and Windover Way.
Local Financial Insights For Specialty 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 | $348.5k | $19.20 |
| − Vacancy | −$26.1k | −$1.44 |
| EGI | $322.4k | $17.76 |
| − OpEx | −$80.6k | −$4.44 |
| NOI | $241.8k | $13.32 |
18,151 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.45M
$3.02M – $4.03M
NOI $241,771 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$2.99M
$2.62M – $3.49M
NOI $209,263 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$4.79M
$4.19M – $5.59M
NOI $335,213 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Almost 7 acres of cleared land near established businesses.
Where is this commercial land located?
The property is located at 8251 WINDOVER WAY Titusville, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Almost 7 acres of cleared, high & dry land in a high‑traffic commercial corridor.; Zoned Regional Commercial (RC) allowing for a wide range of business possibilities (restaurant, retail, hotel, gas station, etc.).; Excellent access from I‑95 & Rt 50 (Exit 215) with ingress/egress from Cheney Hwy (Rt 50) and Windover Way.
