Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3690 Highway 1 N Cocoa, FL 32926

    Sponsored
    For Lease
    $2,300 /Mo ($17 SF/Yr)

    COMMERCIAL - Cocoa, FL

    Property size:
    1,620 SF
    Lot size:
    0.75 Acres
    Days on Market:
    95
    Last Refresh:
    Jan 19 at 8:06 pm

    Property Features for 3690 Highway 1 N

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    24-36-08-00-00262.0-0000.00
    Fencing
    Chain Link
    Size
    1,620 SF
    Lot size
    0.75 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Betsy Bateman

    Anchor Real Estate & Property Management LLC (321) 278-9389 [email protected]

    Listing agent Betsy Bateman (321) 506-1009

    Listing date Oct 17, 2025

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fenced Lot for Lease

    This fenced lot, approximately 90 x 144, features barbed wire along the top and privacy mesh. Equipped with two gates, the property is suitable for use as a laydown yard or for equipment storage. The location provides convenient access, situated just off of US 1 on a dead-end road with no through traffic. The property is located in Cocoa, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Accounting Firm Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ryder, Cocoa RV Boat Storage, Flavin & Sons Moving

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.754362
    Latitude
    28.415231

    Nearby Similar for Lease

    • $2,750 /Mo
      5,000 SF

      Versatile Commercial Property in Cocoa, FL

      Warehouse and office space with fenced parking in central Brevard.
      527 Peachtree St, Cocoa, FL 32922
      View Details
    • $1,900 /Mo
      1,600 SF

      Cocoa Commercial/Light Industrial Space

      1600 SF commercial/light industrial space with 14' doors.
      3860 Curtis Blvd, Cocoa, FL 32927
      View Details
    • Contact for pricing
      44,220 SF

      Cocoa Industrial Facility: 44,220 SF

      8-acre fenced industrial compound, ideal for manufacturing & storage.
      1060 Cox Rd, Cocoa, FL 32926
      View Details
    • $32 SF/Yr
      1,400 SF

      Retail/Office/Medical Space For Lease

      Retail and restaurant spaces available in Cocoa, Florida.
      Cocoa, FL
      View Details
    • $12 SF/Yr
      34,855 SF

      Cocoa Flex Space Available

      Warehouse Units, Flexible Leases
      1520 Peachtree St, Cocoa, FL 32922
      View Details
    • $9 SF/Yr
      14,618 SF

      University Row: Cocoa Commercial Space

      Multi-tenant office, retail, & industrial space in Cocoa, FL.
      1314 Clearlake Rd, Cocoa, FL 32922
      View Details
    • $12 SF/Yr
      21,290 SF

      Cocoa Warehouse - 4 Units Available

      Industrial warehouse space, multiple units, prime location.
      798 Clearlake Rd, Cocoa, FL 32922
      View Details
    • $15 SF/Yr
      8,208 SF

      North Cocoa Plaza Office Complex

      Cocoa, FL Office Space Available
      970 Cocoa Blvd, Cocoa, FL 32922
      View Details
    • $12 SF/Yr
      1,840 SF

      High Point Drive Office Building

      Prime Office Space, Excellent Location
      414 High Point Dr, Cocoa, FL 32926
      View Details
    • $13 SF/Yr
      17,820 SF

      Oak Park Plaza: Cocoa Office Space

      Cocoa Office Suites, Prime Location
      1641 Cocoa Blvd, Cocoa, FL 32922
      View Details
    • $10 SF/Yr
      1,380 SF

      Cocoa Boulevard Office Space

      Prime Cocoa location, updated office, 1380 sq ft.
      1811 Cocoa Blvd, Cocoa, FL 32922
      View Details
    • $22 SF/Yr
      372 SF

      Historic Cocoa Village Retail Space

      Retail space for lease in historic Cocoa Village.
      315-319 Brevard Ave, Cocoa, FL 32922
      View Details

    FAQs

    What type of property is this?
    Warehouse - Fenced lot ideal for laydown yard or equipment storage.
    Where is this warehouse located?
    The property is located at 3690 Highway 1 N Cocoa, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Fenced lot - suitable for laydown yard or equipment storage.; - Located right off US 1.; - Dead-end road location with no through traffic.
    (321) 506-1009
    Request Owner's contact information
    3690 Highway 1 N Cocoa, FL 32926
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3690 Highway 1 N
    Cocoa, FL 32926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3690 Highway 1 N Cocoa, FL 32926
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Betsy Bateman
    (321) 506-1009
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.