Second-Floor Corner Office
For Sale
$110,000
102 Columbia Drive Unit 202, Cape Canaveral, FL 32920
Office suite with reception, multiple rooms, and a full bathroom on A1A with on-site free parking.
Property Size470 SF
Price / SF$234.04
Days on Market128
Property Features for 102 Columbia Drive Unit 202
General Information
Standard status
Active
Size
470 SF
Class
B
Property subtype
Office
Site & Location
Traffic Count
29,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
470 SF
Listed By:
Zach Ullian, SIOR
(321) 750-3439
Source:
Ullianrealty
Added: Jun 16
Changed: Oct 6
Last Checked: Oct 20 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zach Ullian, SIOR
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Investment Insights
Based on property information with market context.
This second-floor corner office unit is configured for professional use with a flexible interior layout that includes multiple rooms, a reception area, and a full bathroom. The space sits within an active office building setting, offering a private, workable environment for service and professional tenants.
The unit is positioned along A1A in Cape Canaveral, providing exposure to traffic counts exceeding 29,000 vehicles daily. It is described as being just minutes from Port Canaveral, with convenient access to I-95 and US-1, as well as Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and nearby beaches. Ample free parking is available on site.
The layout and mix of rooms make the suite well suited for a range of office and service-oriented businesses, including office, legal, accounting, consulting, insurance, and personal care uses such as esthetics or salon use. For buyers or tenants seeking a professional suite with strong roadway visibility and straightforward interior planning, this corner unit offers a practical foundation for day-to-day operations.
The unit is positioned along A1A in Cape Canaveral, providing exposure to traffic counts exceeding 29,000 vehicles daily. It is described as being just minutes from Port Canaveral, with convenient access to I-95 and US-1, as well as Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and nearby beaches. Ample free parking is available on site.
The layout and mix of rooms make the suite well suited for a range of office and service-oriented businesses, including office, legal, accounting, consulting, insurance, and personal care uses such as esthetics or salon use. For buyers or tenants seeking a professional suite with strong roadway visibility and straightforward interior planning, this corner unit offers a practical foundation for day-to-day operations.
Key Highlights
- Second‑floor corner office unit on A1A in Cape Canaveral
- About 470 SF with a flexible layout including reception, multiple rooms, and a full bathroom
- Electric cooling and vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,396
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,920
$127.9K
Cap Rate 7%
$91,371
$91.4K
Cap Rate 9%
$71,067
$71.1K
Market Conditions
NOI Build-Up for 470 SF
Gross rent
$10.2K $21.60/SF
− Vacancy
−$1.6K −$3.46/SF
EGI
$8.5K $18.14/SF
− OpEx
−$2.1K −$4.54/SF
NOI
$6.4K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,920
Cap Rate 7%
$91,371
Cap Rate 9%
$71,067
Alternative Uses
Best Use
Office B
$91.4K
$80.0K – $106.6K
NOI $6,396 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$124.0K
$108.5K – $144.7K
NOI $8,680 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 32920, FL
9,984
Population
8,872
Households
1.1
Avg Household Size
58
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
403
Density / Sq Mi
$70,734
Median Household Income
$41,264
Median Earnings
$1,161
Median Rent
$323,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite with reception, multiple rooms, and a full bathroom on A1A with on-site free parking.
Where is this office unit located?
The property is located at 102 Columbia Drive Unit 202 Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Second‑floor corner office unit on A1A in Cape Canaveral; About 470 SF with a flexible layout including reception, multiple rooms, and a full bathroom; Electric cooling and vinyl flooring
