Warehouse with Loading
166 Center Street #107, Cape Canaveral, FL 32920
For Sale
Contact for pricing
Office suites, two elevators, a shared conference room, and shipping access support a range of commercial operations.
Property Size59,976 SF
Price / SF$0.02
Days on Market227
Property Features for 166 Center Street #107
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Highway Access
Property Use
Amenities
Conference Room
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Kovac Real Estate
Listed By:
Joe Kovac · License FL #3253209
(321) 544-2511
Source:
Mccoyfreeman
Added: Mar 31
Changed: Nov 12
Last Checked: Nov 12 at 10:00AM
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 Kovac Real Estate
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 warehouse property includes multiple office 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 for shared tenant use. The property was built in 1967.
The building is 2 miles from Port Canaveral and SR 528, and 1 mile from the Cocoa Beach Pier.
The building 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.
- Equipped with both a standard elevator and a freight elevator
- Loading dock supports shipping and receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$413,241
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,264,820
$8.3M
Cap Rate 7%
$5,903,443
$5.9M
Cap Rate 9%
$4,591,567
$4.6M
Market Conditions
NOI Build-Up for 59,976 SF
Gross rent
$503.8K $8.40/SF
− Vacancy
−$17.6K −$0.29/SF
EGI
$486.2K $8.11/SF
− OpEx
−$72.9K −$1.22/SF
NOI
$413.2K $6.89/SF
Area
Brevard County, FL
Vacancy
3.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,264,820
Cap Rate 7%
$5,903,443
Cap Rate 9%
$4,591,567
Alternative Uses
Best Use
Warehouse
$5.90M
$5.17M – $6.89M
NOI $413,241 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.49M
$15.30M – $20.40M
NOI $1,224,230 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Under-served
Demand for This Use
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
$323,900
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Brevard County, FL
Properties on Market for Warehouses in Brevard County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Center Street Storage — 192 Center St, Cape Canaveral, FL 32920
Frequently Asked Questions
What type of property is this?
Warehouse - Office suites, two elevators, a shared conference room, and shipping access support a range of commercial operations.
Where is this warehouse located?
The property is located at 166 Center Street #107 Cape Canaveral, FL.
What are key features of this property?
This property features: Office spaces range from 200 sq.ft. to 5000 sq.ft.; Equipped with both a standard elevator and a freight elevator; Loading dock supports shipping and receiving
