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Property profile & analytics
OFF-MARKET
Office buildings
807 Cheney Hwy Titusville, FL 32780-6960
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0537263
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,391 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
22-35-27-25-00001.0-0001.00
UPID
US18-0537263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Space Coast Real Estate, Inc. Real Estate Agency
-
Space Coast Financial Services, Inc. Loan Service Bank
-
MedAesthetics Spa & Massage Center Alternative Medicine Practice
-
AAA Structural Maintenance & Repairs Landscaping General Contractor
-
Louie Human, Space Coast Real Estate, Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alexander J Mcnitt · 3 yrs held
Alexander J Mcnitt
since 2023
Last sale
$385,000
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within t…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
713.42 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,791
Tax year 2023
Assessed value
$135,390
Assessed 2023
Previous assessed
$120,910
+12.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$33,440
Assessed improvement
$101,950
Land market value
$33,440
Improvement market value
$101,950
Total market value
$135,390
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,391 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
22-35-27-25-00001.0-0001.00
UPID
US18-0537263
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FLZoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within this district requires larger land areas and is primarily located along arterial thoroughfares and major street intersections. It is not the intent of this district that it shall be used to encourage the extension of strip commercial areas and the development of intersections is preferable to linear development.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
713.42 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Alexander J Mcnitt
Individual
Mailing address
807 CHENEY HWY, TITUSVILLE, FL 32780-6960
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
Alexander J Mcnitt
—
Deed
related
$518,000 · Sellyoumoney LLC
Jun 22, 2023
—
Alexander J Mcnitt
Medaestetics LLC
Quit Claim Deed
related
—
Apr 28, 2023
$385,000
Medaesthetics LLC
Louie Clayton Humna
Warranty Deed
$385,000 · Louie Human
Feb 16, 2022
—
Flora Kathleen Human
Flora Kathleen Human
Intrafamily Transfer
related
—
Dec 8, 2021
—
Flora Kathleen Human
Space Coast Real Estate INC
Intrafamily Transfer
related
—
Nov 10, 2020
$107,000
Space Coast Real Estate INC
Cc Commercial Holdings LLC
Quit Claim Deed
related
—
Sep 7, 2018
$120,000
Cc Commercial Holdings LLC
Space Coast Finl Svcs INC
Quit Claim Deed
related
—
Aug 7, 2018
—
Space Coast Finl Svcs INC
—
Deed
related
$150,000 · Pnc Bk
Dec 9, 1998
$50,000
Space Coast Financial Services
Human,louie C
Quit Claim Deed
related
—
—
—
Space Coast Financial Svcs INC
—
Deed Of Trust
related
$150,000 · Rbc Centura Bank
—
—
Space Coast Finl Svcs INC
—
Loan Modification
related
$150,000 · Pnc Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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