Cape Canaveral Manufacturing and
7077 N Atlantic Ave, Cape Canaveral, FL 32920
For Sale
$5,350,000
42,980 SF manufacturing and office space on 1.84 acres.
Property Size42,980 SF
Days on Market354
Property Features for 7077 N Atlantic Ave
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listed By:
Mike Moss, SIOR · License FL SL3216469
(321) 543-2498
Source:
Teamlbr
Added: Nov 24, 2025
Changed: Nov 9
Last Checked: Nov 12 at 5:45AM
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 Mike Moss, SIOR
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Investment Insights
Based on property information with market context.
This property offers 42,980 square feet of manufacturing and office space in Cape Canaveral, Florida. Situated on 1.84 acres, the property includes a fenced yard and dock-high doors. A portion of the property is currently occupied by a single tenant on a month-to-month lease. The second portion of the property features manufacturing space and fully built-out office space. The remaining area consists of upstairs office and flex space. The property offers value-add potential for an investor.
Key Highlights
- Prime location in Cape Canaveral on Florida's Space Coast
- 42,980 sq ft of manufacturing and office space**
- Value‑add opportunity with potential for renovation and increased occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$398,773
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,975,460
$8.0M
Cap Rate 7%
$5,696,757
$5.7M
Cap Rate 9%
$4,430,811
$4.4M
Market Conditions
NOI Build-Up for 42,980 SF
Gross rent
$670.5K $15.60/SF
− Vacancy
−$57.0K −$1.33/SF
EGI
$613.5K $14.27/SF
− OpEx
−$214.7K −$5.00/SF
NOI
$398.8K $9.28/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,975,460
Cap Rate 7%
$5,696,757
Cap Rate 9%
$4,430,811
Alternative Uses
Best Use
Office B
$8.39M
$7.34M – $9.79M
NOI $587,193 @ 7.0% cap · market cap 10.98%
Second Best
Flex RnD
$5.70M
$4.98M – $6.65M
NOI $398,773 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$12.53M
$10.97M – $14.62M
NOI $877,308 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
587
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - 42,980 SF manufacturing and office space on 1.84 acres.
Where is this manufacturing property located?
The property is located at 7077 N Atlantic Ave Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: Prime location in Cape Canaveral on Florida's Space Coast; 42,980 sq ft of manufacturing and office space**; Value‑add opportunity with potential for renovation and increased occupancy
