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    3-Room Office Condo Title is generated by Realmo AI

    1067 Cheney Highway Unit 8, Titusville, FL 32780

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    For Sale
    $112,000

    Professional office condo with three rooms and one bathroom, offering ample parking in a highly visible retail-office setting.

    Type:General Commercial
    Property size:
    570 SF
    Price / SF:
    $196/SF
    Added:
    Jun 16, 2025
    Days on Market:
    370
    Last Refresh:
    Jun 15 at 8:00 am

    Property Features for 1067 Cheney Highway Unit 8

    General Information

    Standard status
    Active
    Size
    570 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    Rachel Durrett
    Rachel Durrett

    Listing agent Rachel Durrett License #3492276

    Listing office Mutter Realty

    Listing date Jun 16, 2025

    Source Xome

    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 Mutter Realty

    HighLights

    • Professional office condo with 3 rooms and 1 bathroom
    • More than 570 sq ft professional office space
    • Located on busy SR 50 in central Titusville, near I‑95 and US 1
    • Guest parking available
    • Interior flooring includes tile and carpet; heating provided

    Overview

    The Meadows Plaza office condo is a compact, professional space configured as three rooms with one bathroom. Offered as an individual unit within the Meadows Plaza, it provides an efficient layout for a small practice or business needing dedicated interior rooms.

    Located on busy SR 50 in central Titusville, the property places tenants near major regional connections, with proximity to I-95 and US1. The setting also includes plenty of parking and a highly visible location, which can support day-to-day client and customer traffic.

    This unit is a practical fit for an owner-operator or a business looking to establish or consolidate operations in a straightforward office arrangement. With three separate rooms already in place, it can accommodate a range of professional uses that benefit from defined work areas, while the on-site parking helps with convenient access for visitors. As a for-sale condominium office space within Meadows Plaza, it also offers a manageable footprint for those seeking a smaller, professional presence in a busy corridor.

    Local Financial Insights For Office B

    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 $12.3k $21.60
    − Vacancy −$2.0k −$3.46
    EGI $10.3k $18.14
    − OpEx −$2.6k −$4.54
    NOI $7.8k $13.61
    570 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $110.8K
    $97.0K – $129.3K (±1% cap)
    NOI $7,757 @ 7.0% cap · market cap 6.93%
    Second Best
    Healthcare Medical
    $102.5K
    $89.7K – $119.6K (±1% cap)
    NOI $7,174 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Office A
    $150.4K
    $131.6K – $175.5K (±1% cap)
    NOI $10,527 @ 7.0% cap · market cap 9.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hearts Matter Counseling ... Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8183304
    Latitude
    28.5565674

    FAQs

    What type of property is this?
    Office units - Professional office condo with three rooms and one bathroom, offering ample parking in a highly visible retail-office setting.
    Where is this office units located?
    The property is located at 1067 Cheney Highway Unit 8 Titusville, FL.
    What is the asking price?
    The asking price for this property is $112,000.
    What are key features of this property?
    This property features: Professional office condo with 3 rooms and 1 bathroom; More than 570 sq ft professional office space; Located on busy SR 50 in central Titusville, near I‑95 and US 1
    More about this property
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