Property profile

7011 N Atlantic Ave Cape Canaveral, FL 32920

FOR LEASE
Office buildings
Property ID
US18-0452254
21,050 SF 1.02 ac lot Built 1962
Entity Owned 16-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Riverview Center, a two-story commercial office building totaling 20,646 square feet, presents a unique investment opportunity in the thriving Cape Canaveral submarket of Brevard County, Florida. Situated on a 1.02-acre lot at 7011 N Atlantic Ave, zip code 32920, this property enjoys a prime location directly on Highway A1A, offering exceptional visibility and accessibility. The building, constructed in 1962, is zoned C2 and features multiple tenancies, with three executive office spaces currently available, ranging from 384 to 1,042 square feet. Its convenient location provides easy access to Port Canaveral and is just 1.6 miles from the 520 Causeway. This presents a rare chance to acquire established office space in a high-demand area, benefiting from its proximity to major transportation routes and key regional attractions. The property's strategic positioning and versatile office spaces make it ideal for a variety of businesses seeking a prominent presence in Cape Canaveral. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,050 SF
Lot 1.02 ac (44,431 SF)
Zoning code C2
APN 24-37-23-JI-0000B.0-0000.00
UPID US18-0452254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Solar Energy Company
  • Security Service
  • Engineer Design Engineer
  • Storage Facility

Location

7011 N Atlantic Ave Cape Canaveral, FL 32920
Cape Canaveral metro Census 68501 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$2.51M

Owner & transaction history

since 2010
7 recorded transactions
2022
Price N/A
2010
$744,500
2007
Price N/A
2007
Price N/A
2006
$1.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Cape Canaveral, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message