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1071 Cheney Highway #1071, Titusville, FL 32780

The office unit is vacant and described as ready for occupancy.

Property Size435 SF
Price / SF$1.38
Days on Market521

Property Features for 1071 Cheney Highway #1071

General Information

Standard status Active
Size 435 SF
Property subtype Office

Additional Details

Condition Move-in Ready
Listing Agency: Compass Florida, LLC
Listed By: Bobby Freeman · License #3076980
Source: Mccoyfreeman
Added: May 28, 2025 Changed: Oct 29 Last Checked: Oct 29 at 2:33PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit is vacant and described as ready for occupancy. It is located at 1071 Cheney Highway in Titusville, Florida.

Key Highlights

  • Vacant office unit described as ready for occupancy
  • Located at 1071 Cheney Highway in Titusville, Florida

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,919
Suggested Prices Based on Cap Rates
Cap Rate 5%
$118,380 $118.4K
Cap Rate 7%
$84,557 $84.6K
Cap Rate 9%
$65,767 $65.8K
Market Conditions
NOI Build-Up for 435 SF
Gross rent
$9.4K $21.60/SF
− Vacancy
−$1.5K −$3.46/SF
EGI
$7.9K $18.14/SF
− OpEx
−$2.0K −$4.54/SF
NOI
$5.9K $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%
$118,380
Cap Rate 7%
$84,557
Cap Rate 9%
$65,767

Alternative Uses

Best Use
Office B
$84.6K
$74.0K – $98.7K (±1% cap)
NOI $5,919 @ 7.0% cap · market cap 986.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$114.8K
$100.4K – $133.9K (±1% cap)
NOI $8,034 @ 7.0% cap · market cap 1,339.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Studio315 photography, LLC. Photography Service

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Spa & Massage Center Restaurant Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 32780, FL

39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office unit is vacant and described as ready for occupancy.
Where is this office unit located?
The property is located at 1071 Cheney Highway #1071 Titusville, FL.
What are key features of this property?
This property features: Vacant office unit described as ready for occupancy; Located at 1071 Cheney Highway in Titusville, Florida
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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