7011 Atlantic AveCape Canaveral, FL 32920
- Office properties
- 21,050 SF
Property Details for 7011 Atlantic Ave
- Year built
- 1962
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 21,050 SF
- Zone code
- C2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 24-37-23-JI-0000B.0-0000.00
- APU
- 243723JI0000B0000000
Description
Riverview Center, a two-story commercial office building totaling 20,646 square feet, presents a unique investment opportunity in the thriving Cape Canaveral submarket of Brevard County, Florida. Situated on a 1.02-acre lot at 7011 N Atlantic Ave, zip code 32920, this property enjoys a prime location directly on Highway A1A, offering exceptional visibility and accessibility. The building, constructed in 1962, is zoned C2 and features multiple tenancies, with three executive office spaces currently available, ranging from 384 to 1,042 square feet. Its convenient location provides easy access to Port Canaveral and is just 1.6 miles from the 520 Causeway. This presents a rare chance to acquire established office space in a high-demand area, benefiting from its proximity to major transportation routes and key regional attractions. The property's strategic positioning and versatile office spaces make it ideal for a variety of businesses seeking a prominent presence in Cape Canaveral. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,159,148
- 6.5%
- $4,762,291
- 7%
- $4,422,128
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,550,815
- Geo Method
- $3,305,482
-
Alternative Use
- Use
- Valuation
- Residential
- $5,905,240
- Hospitality
- $5,409,169
- Educational
- $4,500,365
- Medical
- $4,655,140
- Retail
- $7,000,568
Location Insight
- City
- Cape Canaveral
- County
- Brevard
- State
- Florida
- Latitude
- 28.3805
- Longitude
- -80.6065
- 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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