Corner Office
For Sale
$90,000
102 Columbia Drive 201, Cape Canaveral, FL 32920
A multi-room layout includes a reception area, full bathroom, and windows that bring in natural light.
Property Size470 SF
Price / SF$191.49
Days on Market168
Property Features for 102 Columbia Drive 201
General Information
Standard status
Active
Size
470 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$667
Building Details
Building Size
470 SF
Year Built
1985
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Keller Williams Space Coast
Listed By:
Rick P Bond · License #SL3573661
(321) 450-5600
Source:
Inthehomezonerealty
Added: May 16
Changed: Oct 26
Last Checked: Oct 26 at 2:46PM
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 Keller Williams Space Coast
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Investment Insights
Based on property information with market context.
This 470 SF office unit occupies a corner position on the second floor and faces A1A. Its interior includes multiple rooms, a reception area, a full bathroom, vinyl flooring, and multiple windows. The unit was built in 1985 and is currently occupied by a long-term tenant under a month-to-month arrangement.
A1A carries traffic counts exceeding 29,000 vehicles per day. The property also offers free parking and access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches. The stated layout is suited to professional office and personal-service uses, among others.
A1A carries traffic counts exceeding 29,000 vehicles per day. The property also offers free parking and access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches. The stated layout is suited to professional office and personal-service uses, among others.
Key Highlights
- 470 SF second‑floor office unit
- Corner position facing A1A
- Multiple rooms, reception area, full bathroom, vinyl flooring, and multiple windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,396
Cap Rate
7.11%
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 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$124.0K
$108.5K – $144.7K
NOI $8,680 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
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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 - A multi-room layout includes a reception area, full bathroom, and windows that bring in natural light.
Where is this office unit located?
The property is located at 102 Columbia Drive 201 Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 470 SF second‑floor office unit; Corner position facing A1A; Multiple rooms, reception area, full bathroom, vinyl flooring, and multiple windows
