Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3845 OCALA ST Cocoa, FL 32926

    View on Map
    For Sale
    $49,999

    Land - COCOA, FL

    Lot size:
    1.52 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 3845 OCALA ST

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AU
    Pets allowed
    Yes
    Standard status
    Active
    APN
    2403454
    Lot size
    1.52 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    353.97

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Zach Hilferding

    Listing agent Zach Hilferding License #3517766

    Listing office NEW ALLIANCE GROUP REALTY 7345 International Place #106, bradenton, FL

    Listing date Jan 29, 2026

    MLS# A4680365 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Canaveral Groves Vacant Land

    This 1.52-acre vacant lot is located in the Canaveral Groves neighborhood. It offers a generous homesite in a quiet, open setting with room to design and build to suit your vision. The property is located in an area that balances a rural feel with access to nearby conveniences and major routes. Enjoy a reasonable drive to local beaches, Kennedy Space Center, Orlando’s theme parks, Orlando International Airport, and Sanford Airport. With its size and location, this lot provides a versatile opportunity for residential use while staying connected to the best of Central Florida. Listing is for land only and comes As Is. The property is located in COCOA, FL, with a postal code of 32926, situated in Brevard County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.8358326
    Latitude
    28.4135125

    Nearby Similar for Sale

    • $319,900
      837 SF

      Turnkey Duplex in Cocoa, FL

      Income-producing duplex with two units, ideal for investors or flexible living.
      717 LUNAR LAKE CIRCLE, COCOA, FL 32926
      View Details
    • $350,000

      Port St. John Acreage Opportunity

      5.83 acres with recreation hall and outdoor amenities.
      925 MACCO ROAD, COCOA, FL 32927
      View Details
    • $3,000,000
      4,800 SF

      Versatile Commercial Property in Cocoa, FL

      9-acre commercial property with warehouse, ideal for diverse business ventures.
      137 Clearlake Road, Cocoa, FL 32922
      View Details
    • $259,000
      1,644 SF

      Versatile Duplex with Buildable Lot

      Duplex on 0.18 acres with adjacent 0.12-acre buildable lot.
      1417 Wilson Road, Cocoa, FL 32922
      View Details
    • $749,900

      Waterfront Lot with Renovation Potential

      Direct Indian River lot with pool awaiting renovation to build dream home.
      2514 N Indian River Drive, Cocoa, FL 32922
      View Details
    • $424,900
      3,920 SF

      Mixed-Use Property with Lease Income

      Two-building mixed-use property with lease income and redevelopment potential.
      1229-1231 W King Street, Cocoa, FL 32922
      View Details
    • $59,900

      Land in Port St. John

      Land zoned for manufactured home near Indian River and amenities.
      330 Iris Street, Cocoa, FL 32927
      View Details
    • $500,000

      Industrial Land in Cocoa, Florida

      2.79 acres of industrial land for sale in Cocoa.
      399 BROADWAY BOULEVARD, COCOA, FL 32927
      View Details
    • $58,000

      Cocoa, FL Land For Sale

      Two adjacent parcels totaling 2.02 acres on Satellite Boulevard.
      Satellite Boulevard, Cocoa, FL 32926
      View Details
    • $67,500

      Recreational Land in Cocoa, Florida

      3.45 acres of land suitable for recreational use.
      Key Deer Avenue, Cocoa, FL 32926
      View Details
    • $21,999

      Vacant Lot in Brevard, FL

      0.13-acre vacant lot to build your dream home.
      1455 TATE STREET, COCOA, FL 32922
      View Details
    • $34,000

      Cocoa, FL Residential Land

      Residential land available in Cocoa, Florida, suitable for investors.
      1315 MOONLIGHT DR, Cocoa, FL 32926
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.52-acre vacant lot in a quiet, open setting.
    Where is this residential land & home lot located?
    The property is located at 3845 OCALA ST Cocoa, FL.
    What is the asking price?
    The asking price for this property is $49,999.
    What are key features of this property?
    This property features: Large 1.52‑acre vacant lot, offering ample space for your custom home.; Two lots included in the single sale, increasing the property's value.; Located in Canaveral Groves, balancing a quiet, rural atmosphere with convenient access to amenities.
    (513) 653-3427
    We can help!
    Listing Contact
    Zach Hilferding
    Real Estate License ID: 3517766
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!