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Cleared Regional Commercial Land

8251 WINDOVER Way, Titusville, FL 32780

For Sale
$7,000,000
Under Contract

Commercial Sale, TITUSVILLE, FL

Property Size18,151 SF
Lot Size6.94 Acres
Price / SF$385.65
Days on Market275

Property Features for 8251 WINDOVER Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning RC
Subdivision TITUSVILLE FRUIT & FARM LAND CO
Directions Just east of I95 exchange on Cheney Hwy South side. South onto Windover Way. Lot located behind operating gas station. From US 1 take Cheney Hwy West. Turn South onto Windover Way.
Standard status Active Under Contract
APN 22 3530-AV-*-61
Size 18,151 SF
Lot size 6.94 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TITUSVILLE FRUIT & FARM LAND CO LOT 61, PART OF LOT 62 & PART OF LOT 63 AS DESC IN ORB 886 PG 359, ORB 2213 PG 1568 & ORB 2369 PG 718 ALL LYING E OF I-95, S OF STATE ROAD 50 & W OF WINDOVER WAY
Tax Annual Amount 30513
Legal Description TITUSVILLE FRUIT & FARM LAND CO LOT 61, PART OF LOT 62 & PART OF LOT 63 AS DESC IN ORB 886 PG 359, ORB 2213 PG 1568 & ORB 2369 PG 718 ALL LYING E OF I-95, S OF STATE ROAD 50 & W OF WINDOVER WAY

Building Details

Year built 1988
Floors in Building 1
Listing Agency: MUTTER REALTY · Real Living
Listed By: James Mutter · License FL #3594768
Added: Feb 11 Changed: Oct 17 Last Checked: Nov 12 at 5:06PM
MLS# O6381649

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.

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Investment Insights

Based on property information with market context.

This 6.94-acre tract consists of cleared, high-and-dry land within the Regional Commercial (RC) district. The zoning supports general commercial activity, including permitted and conditional uses serving shoppers. The property previously operated as a gas station and truck stop, and the site can be subdivided.

Access is provided from Cheney Hwy (Rt 50) and Windover Way, with connectivity to I-95 and Rt 50 at Exit 215. The tract sits along a commercial corridor near Walmart, Home Depot, Lowe’s, and additional businesses under construction. Its Titusville location is also described as minutes from Brevard’s beaches and Orlando.

Key Highlights

  • 6.94 acres of cleared, high‑and‑dry commercial land
  • Regional Commercial (RC) zoning
  • Ingress and egress from Cheney Hwy (Rt 50) and Windover Way

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$271,993
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,439,860 $5.4M
Cap Rate 7%
$3,885,614 $3.9M
Cap Rate 9%
$3,022,144 $3.0M
Market Conditions
NOI Build-Up for 18,151 SF
Gross rent
$392.1K $21.60/SF
− Vacancy
−$29.4K −$1.62/SF
EGI
$362.7K $19.98/SF
− OpEx
−$90.7K −$5.00/SF
NOI
$272.0K $14.99/SF
Area
Brevard County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,439,860
Cap Rate 7%
$3,885,614
Cap Rate 9%
$3,022,144

Alternative Uses

Best Use
Specialty Retail
$3.89M
$3.40M – $4.53M (±1% cap)
NOI $271,993 @ 7.0% cap · market cap 3.89%
Second Best
Retail
$3.75M
$3.28M – $4.37M (±1% cap)
NOI $262,322 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$5.29M
$4.63M – $6.17M (±1% cap)
NOI $370,498 @ 7.0% cap · market cap 5.29%
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

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center HVAC Service Nail Salon Pharmacy

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

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

Properties on Market for Commercial land in Titusville

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly seven acres with highway connectivity and RC zoning for broad commercial activity.
Where is this commercial land located?
The property is located at 8251 WINDOVER Way 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: 6.94 acres of cleared, high‑and‑dry commercial land; Regional Commercial (RC) zoning; Ingress and egress from Cheney Hwy (Rt 50) and Windover Way
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