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Cheney Highway - Cheney Multi-Family Development Site 12 Acres of Commercial Land Offered at $2,791,840 CAD in Titusville, FL 32780
INVESTMENT HIGHLIGHTS
- ±180-unit multifamily or townhouse development opportunity spanning approximately ±12 acres, zoned R-3 High Density Residential.
- Immediate proximity to major employers such as NASA’s Kennedy Space Center, SpaceX, Blue Origin, and Cape Canaveral Space Force Station.
- Supported by favorable multifamily market fundamentals, including low vacancy rates, strong net absorption, and limited pipeline deliveries.
- Located along Cheney Highway (State Road 50), a major east-west arterial with high traffic counts, providing direct access to Interstate 95.
- Situated within a rapidly expanding submarket experiencing significant population and employment growth.
EXECUTIVE SUMMARY
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $2,791,840 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 12.00 AC |
| Property Type | Land | ||
| Zoning | R-3 - High Density Residential | ||
| Price | $2,791,840 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 12.00 AC |
| Zoning | R-3 - High Density Residential |
1 LOT AVAILABLE
Lot
| Price | $2,791,840 CAD | Lot Size | 12.00 AC |
| Price Per AC | $232,653.34 CAD |
| Price | $2,791,840 CAD |
| Price Per AC | $232,653.34 CAD |
| Lot Size | 12.00 AC |
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Cheney Highway - Cheney Multi-Family Development Site
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