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Auto Shop with Vehicle Lift
For Sale
$630,000

503 CHENEY Highway, Titusville, FL 32780

Commercial Sale, TITUSVILLE, FL

Property Size1,866 SF
Lot Size0.38 Acres
Price / SF$337.62
Days on Market204

Property Features for 503 CHENEY Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning RC
Subdivision TITUSVILLE FRUIT & FARM LAND CO
Lot features Central Business District, City Limits, Paved
Directions US1 to Cheney Highway. Property is on corner of Cheney and Sisson Rd
Standard status Active
APN 22 3527-AV-*-9.04
Size 1,866 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TITUSVILLE FRUIT & FARM LAND CO N 150 FT OF E 150 FT OF N 400 FT OF LOT 9 AS DES IN ORB 585 PGS 600,603 EX ST RD R/W
Tax Annual Amount 3612
Legal Description TITUSVILLE FRUIT & FARM LAND CO N 150 FT OF E 150 FT OF N 400 FT OF LOT 9 AS DES IN ORB 585 PGS 600,603 EX ST RD R/W

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

overhead doors
vehicle lift
reception area
bathrooms

Building Details

Year built 1963
Floors in Building 1
Building materials Block
Roof type Membrane
Listing Agency: MUTTER REALTY · Real Living
Listed By: James Mutter · License #3594768
Added: Mar 23 Changed: Oct 12 Last Checked: Oct 12 at 10:06AM
MLS# O6392778

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,866-square-foot automotive property includes two overhead doors, a vehicle lift, a reception area, and 1.5 bathrooms. The block building dates to 1963 and has wall/window cooling. RC zoning is listed, with electricity available and public water and sewer.

The 0.38-acre property occupies the corner of Cheney Highway and Sisson Road in Titusville. Fencing encloses the rear portion of the site.

Key Highlights

  • 1,866‑square‑foot automotive property on 0.38 acres
  • Two overhead doors and a vehicle lift
  • Reception area and 1.5 bathrooms

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

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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
Paved road access

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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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 - Two overhead doors support vehicle access, with a reception area for customer check-in.
Where is this auto shop located?
The property is located at 503 CHENEY Highway 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: 1,866‑square‑foot automotive property on 0.38 acres; Two overhead doors and a vehicle lift; Reception area and 1.5 bathrooms
More about this property
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