1059 Cheney HwyTitusville, FL 32780

  • Office properties
  • 435 SF
For Sale
$69,900 View listing

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
1059 Cheney Hwy, Titusville, Florida

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

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
$850
-
$41,480
$41,480
-
-
$41,480
$41,480

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