Multi-Suite Office
For Sale
Contact for pricing
166 Center Street #109, Cape Canaveral, FL 32920
Flexible office suites share conference space, two elevators, and a loading dock.
Property Size59,976 SF
Price / SF$0.03
Days on Market447
Property Features for 166 Center Street #109
General Information
Standard status
Active
Size
59,976 SF
Elevators
Yes
Property subtype
Office
Additional Details
Property Use
Office
Amenities
loading dock
common area conference room
Building Details
Year Built
1967
Tenancy
Multi
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Aug 14, 2025
Changed: Oct 31
Last Checked: Oct 29 at 2:43PM
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.
Office suites range from 200 to 5,000 square feet within a 59,976-square-foot building. The property includes a standard elevator, a freight elevator, a loading dock, and a conference room available to tenants.
Port Canaveral and SR 528 are 2 miles north; Cocoa Beach Pier is 1 mile away. Built in 1967, the building combines office space with shipping and receiving infrastructure.
Port Canaveral and SR 528 are 2 miles north; Cocoa Beach Pier is 1 mile away. Built in 1967, the building combines office space with shipping and receiving infrastructure.
Key Highlights
- Office suites range from 200 sq.ft. to 5000 sq.ft.
- 59,976‑square‑foot building, built in 1967
- Standard elevator and freight elevator
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
Office B
$11.66M
$10.20M – $13.60M
NOI $816,153 @ 7.0% cap · market cap 54,410.20%
Second Best
Warehouse
$5.90M
$5.17M – $6.89M
NOI $413,241 @ 7.0% cap · market cap 27,549.40%
Theoretical Best
Office A
$15.82M
$13.85M – $18.46M
NOI $1,107,637 @ 7.0% cap · market cap 73,842.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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 - Flexible office suites share conference space, two elevators, and a loading dock.
Where is this office unit located?
The property is located at 166 Center Street #109 Cape Canaveral, FL.
What are key features of this property?
This property features: Office suites range from 200 sq.ft. to 5000 sq.ft.; 59,976‑square‑foot building, built in 1967; Standard elevator and freight elevator
