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    686 Cheney Hwy Titusville, FL 32780

    Sponsored
    For Lease
    Contact for pricing

    0.5-acre build-to-suit opportunity

    Lot size:
    21,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.5-acre commercial land lease presents a build-to-suit opportunity in the revitalized Indian River Crossing Plaza, situated directly on Cheney Highway (Highway 50) in Titusville, Florida, zip code 32780. The property boasts prime frontage on a major traffic corridor connecting US 1 and I-95, ensuring high visibility and accessibility. The site is zoned CC and is ideal for retail or restaurant development. The plaza features a diverse tenant mix including medical, dental, retail, and service businesses, creating a thriving commercial environment. Thousands of residential units are either under construction or nearing completion in the immediate vicinity, guaranteeing a substantial and growing customer base. The plaza itself offers well-maintained landscaping, updated common areas, and a recently resurfaced parking lot. This build-to-suit option allows for complete customization to meet specific business needs, making it an unparalleled opportunity to establish a presence in a rapidly expanding area of Titusville. The property is located at 686 Cheney Hwy, Titusville, FL 32780. This is a single-tenancy lease.

    Property Features for 686 Cheney Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,780 SF

    Unit(s) available at that property

    Space
    Size
    21,780 SF

    HighLights

    • 0.5‑acre commercial land lease available for build‑to‑suit development.
    • Prime Cheney Highway (Highway 50) frontage in Titusville, FL (32780).
    • High visibility and accessibility, connecting US 1 and I‑95.
    • CC zoning ideal for retail or restaurant use.
    • Single‑tenancy lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Affordable Dentures & Implants Dentist Full Restoration Pros ... Water Damage Restoration Service Dr. Louis Traci Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.809391788783
    Latitude
    28.557682902423

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    FAQs

    What type of property is this?
    Restaurant - 0.5-acre build-to-suit opportunity
    Where is this restaurant located?
    The property is located at 686 Cheney Hwy Titusville, FL.
    What are key features of this property?
    This property features: 0.5-acre commercial land lease available for build-to-suit development.; Prime Cheney Highway (Highway 50) frontage in Titusville, FL (32780).; High visibility and accessibility, connecting US 1 and I-95.
    Request Owner's contact information
    686 Cheney Hwy Titusville, FL 32780
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    Titusville, FL 32780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    686 Cheney Hwy Titusville, FL 32780
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