Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cape Canaveral Commercial Land Available Title is generated by Realmo AI

    E Grant Avenue, Cape Canaveral, FL 32920

    View on Map
    Claim this Listing
    For Sale
    $399,500

    COMMERCIAL - Cape Canaveral, FL

    Lot size:
    0.22 Acres
    Added:
    Jul 8, 2025
    Days on Market:
    330
    Last Refresh:
    Jun 2 at 12:06 pm

    Property Features for E Grant Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2023

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Vincent Keenan

    Listing agent Vincent Keenan License #359856

    Listing office Vincent Keenan, REALTORS 6099 N Atlantic Ave, Cape Canaveral, FL

    Listing date Jul 8, 2025

    MLS# 1051136 Listing URL

    Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent A1A location with great exposure.
    • Cleared, flat‑end level building lot requiring minimum site work.
    • C‑1 Commercial zoning with potential for multi‑family, single‑family, or off‑site parking.
    • Easy access to Port Canaveral, Kennedy Space Center, 520, 528.
    • Proximity to amenities, services, shopping, entertainment, and restaurants.
    • Public water and sewer available.

    Overview

    This 0.22-acre commercial land is located in Cape Canaveral, Florida. Situated in an excellent A1A location, it offers great exposure and is flat and level. The property is cleared and ready for development, though it will need to go through subdivision, survey, and city approval. Zoned C-1 Commercial, potential uses include multi-family housing, a single-family home, or off-site parking. The site requires minimal site work. The property provides easy access to Port Canaveral, Kennedy Space Center, 520, 528, amenities and services, shopping centers, entertainment venues, restaurants, Patrick Air Force Base, and downtown Cocoa Beach. It is also located approximately one hour from Orlando and its attractions. The property is subject to subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.604936
    Latitude
    28.37916

    Nearby Similar for Sale

    • $1,500,000
      2,000 SF

      A1A Commercial Building with Bonus Lot

      Commercial building with high-traffic location and redevelopment potential.
      6850 N Atlantic Avenue, Cape Canaveral, FL 32920
      View Details
    • $1,100,000
      2,000 SF

      A1A Commercial Building For Sale

      Commercial building on A1A in Cocoa Beach, excellent redevelopment potential.
      6850 N Atlantic Avenue, Cape Canaveral, FL 32920
      View Details
    • $400,000

      Cape Canaveral Parcel For Sale

      82' x 118' parcel near Port Canaveral and Atlantic Ocean.
      Oak Lane, Cape Canaveral, FL 32920
      View Details
    • $1,150,000

      Cape Canaveral Land Opportunity

      Two commercial lots totaling 1.85 acres in Cape Canaveral.
      N Atlantic Avenue, Cape Canaveral, FL 32920
      View Details
    • $2,200,000
      8,143 SF

      Cape Canaveral Multifamily Investment

      Well-located 12-unit multifamily property near the ocean.
      404 HARRISON AVENUE, CAPE CANAVERAL, FL 32920
      View Details
    • $110,000
      470 SF

      Office Space Near Space Force

      Two offices with bathroom near Astronaut Boulevard.
      102 Columbia Drive, Unit 202, Cape Canaveral, FL 32920
      View Details
    • $1,400,000
      6,173 SF

      Cape Canaveral Mixed-Use Property

      Mixed-use property in Cape Canaveral, Florida, with two buildings.
      6121 North Atlantic Avenue, Cape Canaveral, FL 32920
      View Details
    • $649,000
      1,464 SF

      Oceanfront Condo with Rental Potential

      Spacious, furnished 3-bedroom condo with ocean views and rental income.
      7520 Ridgewood Avenue 507, Cape Canaveral, FL 32920
      View Details
    • $279,000
      1,091 SF

      Corner Unit with River Views

      Updated 2 bed, 2 bath condo with desirable amenities.
      141 AQUARIUS WAY 14J, CAPE CANAVERAL, FL 32920
      View Details
    • $1,850,000
      13,064 SF

      Cape Canaveral Flex Space Opportunity

      Flex space with office, warehouse, and fenced yard.
      190 Center St, Cape Canaveral, FL 32920
      View Details
    • $1,650,000
      4,628 SF

      Cape Canaveral Commercial Opportunity

      Prime commercial property near Port Canaveral Cruise Terminal.
      9010 Astronaut Blvd, Cape Canaveral, FL 32920
      View Details
    • $1,675,000
      12,277 SF

      Cape Canaveral Office Building Opportunity

      12,277 SF office building in a high-traffic Cape Canaveral corridor.
      7980 N Atlantic Ave, Cape Canaveral, FL 32920
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in Cape Canaveral with multiple development possibilities.
    Where is this commercial land located?
    The property is located at E Grant Avenue Cape Canaveral, FL.
    What is the asking price?
    The asking price for this property is $399,500.
    What are key features of this property?
    This property features: Excellent A1A location with great exposure.; Cleared, flat‑end level building lot requiring minimum site work.; C‑1 Commercial zoning with potential for multi‑family, single‑family, or off‑site parking.
    (321) 784-6286
    We can help!
    Listing Contact
    Vincent Keenan
    Real Estate License ID: 359856
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    E Grant Avenue, Cape Canaveral, FL 32920
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!