Cleared Regional Commercial Development
8251 Windover Way TITUSVILLE, Titusville, FL 32780
For Sale
$7,000,000
Pending
Cleared, high-and-dry land with highway access and RC zoning for a range of commercial development options.
Property Size1 SF
Lot Size7.00 Acres
Days on Market130
Property Features for 8251 Windover Way TITUSVILLE
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Highway Access
Road Access
Taxes and HOA fees
Annual Taxes
Amenities
1
false
6.94
Asphalt
Other
Business District,City Street,Divided Highway
Building Details
Building Size
Year Built
Stories
Listing Agency:
Herron Real Estate
Listed By:
Crystal Barling
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 7
Changed: Nov 13
Last Checked: Oct 7 at 9:23AM
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 Herron Real Estate
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Investment Insights
Based on property information with market context.
Almost 7 acres of cleared, high-and-dry land positioned on a busy corridor of established businesses, including Walmart, Home Depot, and Lowe’s, with additional nearby development underway. The site has a past use as a gas station and truck stop, and offers ingress and egress from Rt 50 (Cheney Hwy) and Windover Way. Regional Commercial (RC) zoning supports a wide range of general commercial activity through permitted and conditional uses.
The property is described as having strong access right off the highway from I-95 and Rt 50 (Exit 215), leading into Titusville. This location is surrounded by active retail and commercial uses, offering context for convenience- and goods-and-services oriented concepts.
For buyers and developers, the RC district configuration and multiple access points make the site suitable to plan a variety of commercial uses listed in the offering, including retail and restaurant development, a family entertainment venue, a hotel, or another gas station concept. The property is also described as capable of subdivision, supporting flexible planning depending on the intended end use.
The property is described as having strong access right off the highway from I-95 and Rt 50 (Exit 215), leading into Titusville. This location is surrounded by active retail and commercial uses, offering context for convenience- and goods-and-services oriented concepts.
For buyers and developers, the RC district configuration and multiple access points make the site suitable to plan a variety of commercial uses listed in the offering, including retail and restaurant development, a family entertainment venue, a hotel, or another gas station concept. The property is also described as capable of subdivision, supporting flexible planning depending on the intended end use.
Key Highlights
- Nearly 7 acres of cleared, high‑and‑dry land (6.94 acres) with asphalt road access
- Regional Commercial (RC) zoning allowing for general commercial activity and a wide range of permitted/conditional uses
- Access from Rt 50 (Cheney Hwy) and Windover Way, with road frontage along a business district/city street/divided highway
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
NOI $271,993 @ 7.0% cap · market cap 3.89%
Second Best
Retail
$3.75M
$3.28M – $4.37M
NOI $262,322 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$5.29M
$4.63M – $6.17M
NOI $370,498 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
243
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
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Market
Properties on Market for Commercial land in Titusville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Cleared, high-and-dry land with highway access and RC zoning for a range of commercial development options.
Where is this commercial land located?
The property is located at 8251 Windover Way TITUSVILLE 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, high‑and‑dry land (6.94 acres) with asphalt road access; Regional Commercial (RC) zoning allowing for general commercial activity and a wide range of permitted/conditional uses; Access from Rt 50 (Cheney Hwy) and Windover Way, with road frontage along a business district/city street/divided highway
