Corner Office Suite with
For Sale
$90,000
201-102 Columbia Dr, Cape Canaveral, FL 32920
Second-floor corner suite with reception area, full bathroom, multiple rooms, and vinyl flooring.
Property Size470 SF
Price / SF$191.49
Days on Market169
Property Features for 201-102 Columbia Dr
General Information
Standard status
Active
Size
470 SF
Site & Location
Traffic Count
29,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$667
Listing Agency:
Keller Williams Space Coast
(321) 450-5600
Listed By:
Rick P Bond · License #SL3573661
(818) 281-5032
Source:
Exprealty
Added: May 16
Changed: Oct 25
Last Checked: Oct 30 at 3:41PM
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 Keller Williams Space Coast
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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 second-floor corner office suite faces A1A and is designed for professional service use. The space includes a reception area, multiple rooms, and a full bathroom. Vinyl flooring and multiple windows help provide a clean, modern interior with natural light.
The unit’s corner orientation offers visibility on A1A, with traffic counts noted as exceeding 29,000 vehicles per day. The property also provides ample free parking and convenient access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches.
The suite is approximately 470 SF and is currently occupied by a long-term month-to-month tenant.
The unit’s corner orientation offers visibility on A1A, with traffic counts noted as exceeding 29,000 vehicles per day. The property also provides ample free parking and convenient access to I-95, US-1, Port Canaveral, Kennedy Space Center, Patrick Space Force Base, Orlando, and area beaches.
The suite is approximately 470 SF and is currently occupied by a long-term month-to-month tenant.
Key Highlights
- Approximately 470 SF second‑floor corner office suite facing A1A
- Reception area plus multiple rooms, including a full bathroom
- Vinyl flooring and multiple windows for natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,396
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,920
$127.9K
Cap Rate 7%
$91,371
$91.4K
Cap Rate 9%
$71,067
$71.1K
Market Conditions
NOI Build-Up for 470 SF
Gross rent
$10.2K $21.60/SF
− Vacancy
−$1.6K −$3.46/SF
EGI
$8.5K $18.14/SF
− OpEx
−$2.1K −$4.54/SF
NOI
$6.4K $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%
$127,920
Cap Rate 7%
$91,371
Cap Rate 9%
$71,067
Alternative Uses
Best Use
Office B
$91.4K
$80.0K – $106.6K
NOI $6,396 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$124.0K
$108.5K – $144.7K
NOI $8,680 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
689
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 - Second-floor corner suite with reception area, full bathroom, multiple rooms, and vinyl flooring.
Where is this office unit located?
The property is located at 201-102 Columbia Dr Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Approximately 470 SF second‑floor corner office suite facing A1A; Reception area plus multiple rooms, including a full bathroom; Vinyl flooring and multiple windows for natural light
