Cleared Regional Commercial
For Sale
$7,000,000
Pending
8251 WINDOVER, Titusville, FL 32780
RC zoning accommodates a broad range of commercial goods and services, including convenience-oriented uses and conditional activities.
Property Size18,151 SF
Days on Market52
Property Features for 8251 WINDOVER
General Information
Standard status
Pending
Size
18,151 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$30,512
Building Details
Building Size
18,151 SF
Year Built
1988
Listing Agency:
Real Living Mutter Real Estate
Listed By:
James Mutter · License #3594768
(321) 269-9855
Source:
Elliman
Added: Aug 26
Changed: Oct 4
Last Checked: Oct 15 at 1:03AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This nearly 7-acre commercial land tract consists of cleared, high-and-dry ground with Regional Commercial (RC) zoning. The district allows a wide range of general commercial activities, including convenience-oriented goods and services, subject to applicable permitted and conditional-use requirements. The site’s prior use as a gas station and truck stop is part of its property history.
Access is available from Cheney Highway (Rt 50) and Windover Way, with connectivity to I95 and Rt 50 at Exit 215. The property is positioned along a corridor with established businesses including Walmart, Home Depot, and Lowes, along with additional businesses under construction. The source information identifies restaurant, retail center, family entertainment, hotel, and gas station concepts among the potential uses and notes that the tract may be subdivided.
Access is available from Cheney Highway (Rt 50) and Windover Way, with connectivity to I95 and Rt 50 at Exit 215. The property is positioned along a corridor with established businesses including Walmart, Home Depot, and Lowes, along with additional businesses under construction. The source information identifies restaurant, retail center, family entertainment, hotel, and gas station concepts among the potential uses and notes that the tract may be subdivided.
Key Highlights
- Nearly 7 acres of cleared commercial land
- Regional Commercial (RC) zoning for general commercial activity
- High‑and‑dry site with prior gas station and truck stop use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$241,771
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,835,420
$4.8M
Cap Rate 7%
$3,453,871
$3.5M
Cap Rate 9%
$2,686,344
$2.7M
Market Conditions
NOI Build-Up for 18,151 SF
Gross rent
$348.5K $19.20/SF
− Vacancy
−$26.1K −$1.44/SF
EGI
$322.4K $17.76/SF
− OpEx
−$80.6K −$4.44/SF
NOI
$241.8K $13.32/SF
Area
Brevard County, FL
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,835,420
Cap Rate 7%
$3,453,871
Cap Rate 9%
$2,686,344
Alternative Uses
Best Use
Specialty Retail
$3.45M
$3.02M – $4.03M
NOI $241,771 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$2.99M
$2.62M – $3.49M
NOI $209,263 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$4.79M
$4.19M – $5.59M
NOI $335,213 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Commercial land - RC zoning accommodates a broad range of commercial goods and services, including convenience-oriented uses and conditional activities.
Where is this commercial land located?
The property is located at 8251 WINDOVER Titusville, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Nearly 7 acres of cleared commercial land; Regional Commercial (RC) zoning for general commercial activity; High‑and‑dry site with prior gas station and truck stop use
