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    3751 Highway 1 Cocoa, FL 32926

    For Sale
    $899,000

    Established Cemetery, 30+ Acres, High Income Potential

    Property size:
    672 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a thriving, family-owned cemetery spanning over 30 acres in Cocoa, Florida. The property, located at 3751 N Highway 1, encompasses 672 square feet of mixed-use buildings on a 31.98-acre lot. Currently operating as a licensed and dedicated perpetual care cemetery, it boasts over 15 acres of available grave sites and includes all necessary equipment for continued operation. A portion of each plot sale is placed in a trust fund, ensuring ongoing maintenance of the well-maintained memorial space. The property's zoning is primarily Institutional Use, with a smaller section designated BU-2 Commercial, opening possibilities for expansion. A significant advantage is the potential to construct an on-site crematorium and funeral home, further enhancing revenue streams. Recent upgrades have been implemented to boost sales and profitability, contributing to the consistent, reliable income generated over its 30+ year history. The seller is open to financing options, requiring a 20% to 25% down payment. This presents a rare chance to acquire a well-established business with substantial growth potential in a desirable location. High and dry grounds ensure ease of maintenance and operation.

    Property Features for 3751 Highway 1

    General Information

    Property type
    Mixed-use properties
    Square Feet
    672 SF
    Lot Size
    1,393,049 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7593
    Latitude
    28.41871

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    FAQs

    What type of property is this?
    Mixed-use property - Established Cemetery, 30+ Acres, High Income Potential
    Where is this mixed-use property located?
    The property is located at 3751 Highway 1 Cocoa, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    (321) 631-5511
    Request Owner's contact information
    3751 Highway 1 Cocoa, FL 32926
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    Cocoa, FL 32926
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    Realmo Value Estimation

    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

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    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.

    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
    3751 Highway 1 Cocoa, FL 32926
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