Corner Office
For Sale
$90,000
102 Columbia Drive #201, Cape Canaveral, FL 32920
A second-floor workspace includes a reception area, multiple rooms, and a full bathroom.
Property Size470 SF
Price / SF$191.49
Days on Market172
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
Building Details
Year Built
1985
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: May 16
Changed: Oct 31
Last Checked: Nov 3 at 8:22AM
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 Compass Florida, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 470-square-foot office unit occupies a corner position on the second floor and has multiple rooms, a reception area, and a full bathroom. Vinyl flooring, updated finishes, and several windows bringing in natural light complete the interior. The unit was built in 1985 and is occupied by a month-to-month tenant.
The office faces A1A in Cape Canaveral, where the stated traffic count exceeds 29,000 vehicles per day. Free parking is available, with access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches.
The office faces A1A in Cape Canaveral, where the stated traffic count exceeds 29,000 vehicles per day. Free parking is available, with access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches.
Key Highlights
- 470 SF second‑floor office unit
- Corner position facing A1A; traffic count exceeds 29,000 vehicles per day
- Multiple rooms, reception area, and full bathroom
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?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor workspace includes a reception area, multiple rooms, and a full bathroom.
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; traffic count exceeds 29,000 vehicles per day; Multiple rooms, reception area, and full bathroom
