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    8955 Puerto Del Rio Dr Cape Canaveral, FL 32920

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8955 Puerto Del Rio Dr

    Property type
    Land

    Description

    This exceptional 108,028 square foot commercial land parcel in Cape Canaveral, Florida, presents a unique investment opportunity. Located at 8955 Puerto Del Rio Drive, this 20-acre site boasts a prime location just outside Cocoa Beach, directly across from the port, and within walking distance of a new aquarium. The property offers convenient access to Highway 528, providing easy commutes to Orlando and Disney World. Zoned R-3, allowing for the construction of up to 112 residential units, the land is already developed with seven build-ready condo pad sites, each designed to accommodate 16 units. All necessary infrastructure is in place, making this a turnkey development opportunity. The development is divided into three phases: Phase I includes pads 4, 5, and 6

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Canaveral
    County
    Brevard
    State
    Florida
    Longitude
    -80.619
    Latitude
    28.3992

    Comparable in this City

    • Value Estimation by Request

      611 Washington Ave

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      611 Washington Ave, Cape Canaveral, FL 32920
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      8955 Puerto Del Rio Dr

      Land
      8955 Puerto Del Rio Dr, Cape Canaveral, FL 32920
      View Details
    • Value Estimation by Request
      4,800 SF

      6992 Atlantic Ave

      Land • 4,800 SF
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      227 Johnson Ave

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      227 Johnson Ave, Cape Canaveral, FL 32920
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      8801 Astronaut Blvd

      Land
      8801 Astronaut Blvd, Cape Canaveral, FL 32920
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    • Value Estimation by Request

      0000 Rosalind Ave

      Multifamily properties
      0000 Rosalind Ave, Cape Canaveral, FL 32920
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    Cape Canaveral, FL 32920
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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
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