1059 Cheney HwyTitusville, FL 32780
- Office properties
- 435 SF
Property Details for 1059 Cheney Hwy
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 435 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 22-35-28-BC-00001.0-0039.05
- APU
- 223528BC000010003905
Description
This exceptional 435-square-foot office condo is ideally situated in South Titusville on State Road 50, offering unparalleled convenience and accessibility. The single-tenant space boasts a private bathroom, ensuring privacy and comfort. Recent upgrades include a one-year-old HVAC system and a two-year-old roof, minimizing maintenance concerns for the new owner. Ample parking is available for clients and staff, complemented by valuable signage opportunities above the front door and within the plaza's signage board. The property sits on a 0.05-acre lot and is a single-story building, part of a larger complex known as The Meadows Plaza. The low-maintenance ownership includes water, sewer, trash removal, exterior maintenance, lawn care, and parking lot upkeep, simplifying ownership responsibilities. Its strategic location provides easy access to major highways and the proximity to the Space Center adds significant appeal. The property's APN is 22-35-28-Bc-00001.0-0039.05. This turnkey office condo presents a fantastic opportunity for a business seeking a well-maintained, conveniently located space with minimal ongoing maintenance costs. The building consists of one suite in a single-story structure.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $103,355
- 6.5%
- $95,405
- 7%
- $88,590
-
Comparable approach
- Method
- Valuation
- Relative Method
- $74,702
- Geo Method
- $68,308
-
Alternative Use
- Use
- Valuation
- Residential
- $118,302
- Hospitality
- $108,364
- Educational
- $90,158
- Medical
- $93,258
- Retail
- $140,245
Location Insight
- City
- Titusville
- County
- Brevard
- State
- Florida
- Latitude
- 28.5573
- Longitude
- -80.815
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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