2215 Cheney - Development Opportunity on Florida's Thriving Space Coast 14+/- AC Commercial/Multifamily

2215 Cheney Hwy Titusville, FL 32780

2215 Cheney Hwy, Titusville, FL, 32780
2215 Cheney Hwy, Titusville, FL, 32780 2215 Cheney Hwy, Titusville, FL, 32780
FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,700,000
Last Verified:
Nov 21, 2024

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Highlights

  • MARKET HIGHLIGHTS:
  • ​​NO LOCAL OR STATE PERSONAL INCOME TAX - NO STATE PROPERTY TAX
  • ​MAJOR EMPLOYERS: NASA, BLUE ORIGIN, SPACEX, LOCKHEED, BOEING, KNIGHT ARMAMENT, PARRISH MEDICAL CENTER, EASTERN FLORIDA STATE COLLEGE
  • ​A RATED PUBLIC SCHOOLS & STELLAR HIGHER EDUCATION
  • MILES OF BEACHES: 72 - AVG TEMPERATURE: 73 - ANNUAL TOURISTS: 2.5M

Description

Exceptional Development Opportunity on Florida's Thriving Space Coast!

This unique, mixed-use property is zoned Community Commercial (with a section of R-3 High Density Multifamily), offering unparalleled flexibility for future development. As one of the last remaining large parcels on the vibrant Highway 50 retail and commercial corridor, this site promises significant potential for investors and developers alike. The location is ideal, surrounded by essential amenities within walking distance-from banking, pharmacies, and medical offices, to grocery stores, retail outlets, and a variety of restaurants. Whether you envision a thriving commercial hub or a high-density residential complex, this prime property is positioned for success in one of Florida's most dynamic regions. Seize this rare chance to build in the heart of the booming Space Coast!


Zoned Commercial (with a small area of R-3 High Density Multifamily). This is one of the last large sites available on busy Highway 50 retail/commercial corridor.​ Walkable to neighborhood services: banking; pharmacy; medical/diagnostic offices; grocery, retail and restaurants.​ Prime location on major highway with existing median cut!

Lot Size: 14.0 acres


Documents

2215 Cheney SALE FLYER

Map of 2215 Cheney Hwy, Titusville, FL, 32780

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.