8075 Atlantic Ave Cape Canaveral, FL 32920
- Strip malls
- 9,793 SF
- 0.32 lot acres
Current Use by Public Records
- Strip malls
Property Details for 8075 Atlantic Ave
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.32 lot acres
- Property size
- 9,793 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 24-37-23-00-00260.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional 5,000-square-foot retail space is ideally situated in the heart of Cape Canaveral, Florida, at 8075 N Atlantic Avenue (APN 24-37-23-00-00260.0-0000.00). The single-tenant property boasts a versatile open floor plan, perfect for a variety of businesses. Previously used as a gym and bar, the space features a kitchen, three-compartment sink, and two restrooms. Durable concrete flooring and high ceilings (10' - 14'+) add to its appeal. Access is provided by an 8' wide x 8' 6" tall overhead door. The unit benefits from 100% HVAC and city water/sewer, along with FPL electric. Ten designated asphalt parking spaces are available, with potential for expansion. C-1 zoning allows for diverse uses, including retail, office, medical, restaurant, and plant nursery. Its strategic location on Atlantic Avenue offers direct access to Port Canaveral and Jetty Park, and its proximity to SR 520 and SR 528 provides easy access to I-95 and US1. Nearby major employers include Cape Canaveral Hospital, Patrick Space Force Base, and Kennedy Space Center, ensuring a strong potential customer base. This 0.36-acre lot presents a unique opportunity for businesses seeking a high-visibility location in a thriving community. The property is a single-story building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $925,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $825,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $770,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $930,000
- Retail
- $1,005,000
- Mixed-Use
- $835,000
- Hospitality
- $970,000
- Educational
- $940,000
- Residential Income
- $875,000
- Energy
- $1,090,000
- Income-Based Land
- $1,075,000
- Food Service
- $870,000
Location Insight
- Map
- Local Demand
- City
- Cape Canaveral
- County
- Brevard
- State
- Florida
- Longitude
- -80.6059
- Latitude
- 28.3896
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
