Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Hardware & Home Improvement Construction Company
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RC · Titusville, FLThe Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Titusville, FL.
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