Building Details

Building Size 1,866 SF

Year Built 1963

Listing Agency: Real Living Mutter Real Estate

Listed By: James Mutter · License #3594768 Show Phone

Source: Elliman

Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:24AM

Report an Issue

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 Real Living Mutter Real Estate

Investment Insights

Based on property information with market context.

This auto shop contains two overhead doors and a vehicle lift, with a reception area and 1.5 bathrooms for staff and visitors. The property was built in 1963 and occupies 0.38 acres, including a fenced area at the rear.

The site is located at the corner of Cheney Hwy and Sisson Rd in Titusville, Florida.

Key Highlights

• Two overhead doors and an installed vehicle lift
• Reception area and 1.5 bathrooms
• 0.38‑acre site with fencing at the rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,513

Cap Rate

3.41%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$430,260 $430.3K

Cap Rate 7%

$307,329 $307.3K

Cap Rate 9%

$239,033 $239.0K

Market Conditions

NOI Build-Up for 1,866 SF

Gross rent

$33.6K $18.00/SF

− Vacancy

−$2.9K −$1.53/SF

EGI

$30.7K $16.47/SF

− OpEx

−$9.2K −$4.94/SF

NOI

$21.5K $11.53/SF

Area

Brevard County, FL

Vacancy

8.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$430,260

Cap Rate 7%

$307,329

Cap Rate 9%

$239,033

Alternative Uses

Best Use

Retail

$307.3K

$268.9K – $358.6K (±1% cap)

NOI $21,513 @ 7.0% cap · market cap 3.41%

Second Best

Industrial

$162.9K

$142.5K – $190.1K (±1% cap)

NOI $11,403 @ 7.0% cap · market cap 1.81%

Theoretical Best

Office A

$492.3K

$430.8K – $574.4K (±1% cap)

NOI $34,461 @ 7.0% cap · market cap 5.47%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Lapohn Enterprises LLC ... Golf Cart Dealer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm Carpet & Flooring Store Garden Center Home Appliance Store

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

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

541

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Mixed-Use Property on US1

4260 S Washington Avenue, Titusville, FL 32780

Contact for pricing

4,950 SF

View details

Multi-Tenant Plaza in Titusville

2690 S Hopkins Ave, Titusville, FL 32780

Contact for pricing

10,059 SF

View details

Multi-Tenant Retail Plaza Opportunity

2600-2690 S. Hopkins Ave, Titusville, FL 32780

$1,800,000

View details

Renovated Flex Space

1228 S Hopkins Avenue, Titusville, FL 32780

$699,900

1,800 SF

View details

Triplex With Separate Entries

415 S Robbins Ave #A/B/C, Titusville, FL 32796

$450,000

1,888 SF

View details

Turn-Key Quick Service Restaurant

1250 Garden St, Titusville, FL 32796

$849,999

View details

Updated Four-Unit Quadplex

1516 Roger Dr, Titusville, FL 32780

$575,000

2,298 SF

View details

Commercial Duplex in Downtown Area

818 & 822 Garden Street, Titusville, FL 32796

$299,900

1,960 SF

View details

Two-Building Office Property

1700 S WASHINGTON Avenue, Titusville, FL 32780

$695,000

2,532 SF

View details

Day Care Center with Fenced Play Areas

10 N Hilltop Drive, Titusville, FL 32796

$409,990

1,514 SF

View details

Restaurant with Covered Drive-Through

1000 Cheney Hwy, Titusville, FL 32780

$1,299,999

2,193 SF

View details

Flex Building with Grade-Level Doors

4041 Capron Rd, Titusville, FL 32780

$600,000

0.39 Acres

View details

Similar Off Market Nearby

• Priscilla Tires & Rims — 4700 S Washington Ave, Titusville, FL 32780
• AAMCO Transmissions & Total Car Care — 610 Cheney Hwy, Titusville, FL 32780
• Earl's Auto Tech of Titusville LLC — 500 Cheney Hwy, Titusville, FL 32780
• Jeff's Complete Auto Repair — 4345 Mt Vernon Ave, Titusville, FL 32780
• Lubrication Specialist — 4305 S Hopkins Ave #6609, Titusville, FL 32780

Frequently Asked Questions

What type of property is this?

Auto shop - A reception area, two overhead doors and a fenced rear section support automotive service use.

Where is this auto shop located?

The property is located at 503 CHENEY Titusville, FL.

What is the asking price?

The asking price for this property is $630,000.

What are key features of this property?

This property features: Two overhead doors and an installed vehicle lift; Reception area and 1.5 bathrooms; 0.38‑acre site with fencing at the rear