686 Cheney Hwy Titusville, FL 32780-6959
Property profile & analytics
686 Cheney Hwy, Titusville, FL 32780-6959
- Grocery and convenience stores
- 29,738 SF
- 7.41 lot acres
Property ID
US18-6037612
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Affordable Dentures & Implants / Dental Office
- Full Restoration Pros Titusville / Hardware & Home Improvement / Construction Company
- Dr. Louis Traci / Dental Office
Property Details for 686 Cheney Hwy
- Year built
- 1963
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.41 lot acres
- Zone code
- RC
- Property type
- Grocery and convenience stores
- APN
- 22-35-22-25-00000.0-0001.04
- APU
- 9223372036854775807
Description
This exceptional retail property, located at 686 Cheney Hwy in Titusville, Florida (zip code 32780), presents a unique investment opportunity. The 73,248 square foot plaza, built in 1963 and zoned RC, sits on a 7.41-acre lot and offers multiple tenancy options. Currently, there are 16,702 square feet of vacant space available, divisible into units ranging from 1,181 square feet to a maximum contiguous space of 13,030 square feet. The property boasts a prime location directly on busy Highway 50, benefiting from high visibility and significant traffic flow. Titusville is experiencing rapid commercial growth, particularly in the aerospace sector, with the establishment of new corporate headquarters and thousands of residential units currently under construction, creating a strong and expanding customer base. The plaza features a well-maintained exterior, including updated landscaping and a newly overlaid parking lot. Existing tenants provide a diverse mix of businesses, including grocery, medical, dental, health and beauty retail, cell phone providers, and a nail salon, creating a vibrant and attractive shopping environment. This is an ideal location for businesses seeking high visibility and access to a growing market. The property offers a rare chance to establish a presence in a thriving commercial area with excellent potential for long-term success.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,715,000
- 6.5%
- $5,275,000
- 7%
- $4,900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,743,000
- AI Estimate
- $3,398,000
Market price range: $1.60M - $5.12MMarket price range: $1.20M - $4.44M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,860,000 Current use
- COMMERCIAL (GENERAL)
- $7,050,000 Change: +83% Conversion: Easy
- AUTO REPAIR, GARAGE
- $6,200,000 Change: +61% Conversion: Difficult
- OFFICE BUILDING
- $5,125,000 Change: +33% Conversion: Easy
- MEDICAL BUILDING
- $4,615,000 Change: +20% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,095,000 Change: +6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8086
- Latitude
- 28.5587
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$73,239
$677,930
$2,411,840
$3,089,770
-
$677,930
$2,411,840
$3,089,770
