Multi-Suite Office
For Sale
Contact for pricing
166 Center Street #205-A, Cape Canaveral, FL 32920
Shared conference facilities, two elevators, and a loading dock support a range of office and shipping needs.
Property Size180 SF
Price / SF$1.67
Days on Market565
Property Features for 166 Center Street #205-A
General Information
Standard status
Active
Size
180 SF
Elevators
Yes
Property subtype
Office
Additional Details
Property Use
Office
Amenities
loading dock
common area conference room
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Apr 14, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:48PM
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 office property offers spaces ranging from 200 sq.ft. to 5000 sq.ft. Building features include a standard elevator, a freight elevator, a loading dock, and a conference room available to all tenants.
The property is 2 miles from Port Canaveral and SR 528, and 1 mile from the Cocoa Beach Pier.
The property is 2 miles from Port Canaveral and SR 528, and 1 mile from the Cocoa Beach Pier.
Key Highlights
- Office spaces range from 200 sq.ft. to 5000 sq.ft.
- Standard elevator and freight elevator serve the building
- Loading dock supports shipping and receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,449
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,980
$49.0K
Cap Rate 7%
$34,986
$35.0K
Cap Rate 9%
$27,211
$27.2K
Market Conditions
NOI Build-Up for 180 SF
Gross rent
$3.9K $21.60/SF
− Vacancy
−$622 −$3.46/SF
EGI
$3.3K $18.14/SF
− OpEx
−$816 −$4.54/SF
NOI
$2.4K $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%
$48,980
Cap Rate 7%
$34,986
Cap Rate 9%
$27,211
Alternative Uses
Best Use
Office B
$35.0K
$30.6K – $40.8K
NOI $2,449 @ 7.0% cap · market cap 816.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$47.5K
$41.6K – $55.4K
NOI $3,324 @ 7.0% cap · market cap 1,108.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
621
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Shared conference facilities, two elevators, and a loading dock support a range of office and shipping needs.
Where is this office unit located?
The property is located at 166 Center Street #205-A Cape Canaveral, FL.
What are key features of this property?
This property features: Office spaces range from 200 sq.ft. to 5000 sq.ft.; Standard elevator and freight elevator serve the building; Loading dock supports shipping and receiving
