Cape Canaveral Commercial
9010 Astronaut Blvd, Cape Canaveral, FL 32920
For Sale
Contact for pricing
Prime commercial property near Port Canaveral Cruise Terminal.
Property Size4,628 SF
Lot Size0.39 Acres
Price / SF$356.53
Days on Market254
Property Features for 9010 Astronaut Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Building Details
Units
Listing Agency:
Watson Commercial Real Estate, Inc.
Listed By:
Jackie Pope · License FL SL3619802
Source:
Crexi
Added: Mar 4
Changed: Oct 25
Last Checked: Nov 12 at 6:21AM
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 Watson Commercial Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This commercial property, situated at 9010 Astronaut Blvd in Cape Canaveral, FL, offers 4,628 square feet of space on a 0.39-acre lot. The two-story flex/warehouse building benefits from frontage on Astronaut Blvd, which sees a traffic count of 35,000 vehicles per day. Its location is enhanced by its proximity to Port Canaveral Cruise Terminal and the presence of nine hotels within walking distance. Zoned C1, the property allows for versatile commercial use, presenting an opportunity to tap into the tourism, maritime, and hospitality sectors. This location is in Florida's high-growth cruise and tourism corridor.
Key Highlights
- Prime location next to Port Canaveral Cruise Terminal.
- High traffic count of 35,000 vehicles per day on Astronaut Blvd.
- Versatile C1 zoning allowing for diverse commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,885
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,700
$1.3M
Cap Rate 7%
$955,500
$955.5K
Cap Rate 9%
$743,167
$743.2K
Market Conditions
NOI Build-Up for 4,628 SF
Gross rent
$102.7K $22.20/SF
− Vacancy
−$7.2K −$1.55/SF
EGI
$95.5K $20.65/SF
− OpEx
−$28.7K −$6.19/SF
NOI
$66.9K $14.45/SF
Area
Brevard County, FL
Vacancy
7.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,700
Cap Rate 7%
$955,500
Cap Rate 9%
$743,167
Alternative Uses
Best Use
Retail
$955.5K
$836.1K – $1.11M
NOI $66,885 @ 7.0% cap · market cap 4.05%
Second Best
Flex RnD
$613.4K
$536.7K – $715.7K
NOI $42,939 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,467 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
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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
$323,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail properties & Spaces in Brevard County, FL
Properties on Market for Retail properties & Spaces in Brevard County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Retail property - Prime commercial property near Port Canaveral Cruise Terminal.
Where is this retail property located?
The property is located at 9010 Astronaut Blvd Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime location next to Port Canaveral Cruise Terminal.; High traffic count of 35,000 vehicles per day on Astronaut Blvd.; Versatile C1 zoning allowing for diverse commercial uses.
