Corner Mixed-Use
For Sale
$260,000
104 GRACE Avenue, Cocoa, FL 32922
Commercial Sale, COCOA, FL
Property Size1,080 SF
Lot Size0.22 Acres
Price / SF$240.74
Days on Market101
Property Features for 104 GRACE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BU-2
Appliances
Dryer, Refrigerator, Washer
Subdivision
GRAY PORTER SUB
Lot features
Corner Lot
Directions
Follow I-95 N to FL-520 E/W King St in Cocoa West. Take exit 201 from I-95 N. Follow FL-520 E/W King St to Grace Ave
Standard status
Active
APN
24 3632-32-*-1
Size
1,080 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GRAY PORTER SUBD LOT 1
Tax Annual Amount
2072
Legal Description
GRAY PORTER SUBD LOT 1
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Listing Agency:
FLORIDA REALTY RESULTS LLC
(407) 498-3838
Listed By:
Jeffrey Perry · License #559384
(407) 873-1797
Added: Jul 7
Changed: Oct 14
Last Checked: Oct 15 at 5:06AM
MLS# S5153116
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.
Investment Insights
Based on property information with market context.
This 1,080-square-foot mixed-use property was built in 1950 and sits on a 0.22-acre corner parcel. The building has block, concrete, and stucco construction, vinyl flooring, central heating and air conditioning, and a shingle roof. Appliances include a washer, dryer, and refrigerator. Water is supplied publicly, and the property uses a septic tank for sewer service.
The site has 125 feet of frontage on SR 520. BU-2 zoning supports commercial uses such as professional offices, title, insurance, legal, accounting, real estate, and medical businesses.
The site has 125 feet of frontage on SR 520. BU-2 zoning supports commercial uses such as professional offices, title, insurance, legal, accounting, real estate, and medical businesses.
Key Highlights
- 125 feet of frontage on SR 520
- 0.22‑acre corner parcel
- 1,080‑square‑foot building, constructed in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,531
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
$250.6K
Cap Rate 7%
$179,014
$179.0K
Cap Rate 9%
$139,233
$139.2K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$22.0K $20.40/SF
− Vacancy
−$2.0K −$1.84/SF
EGI
$20.0K $18.56/SF
− OpEx
−$7.5K −$6.96/SF
NOI
$12.5K $11.60/SF
Area
Brevard County, FL
Vacancy
9.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
Cap Rate 7%
$179,014
Cap Rate 9%
$139,233
Alternative Uses
Best Use
Mixed Use
$179.0K
$156.6K – $208.9K
NOI $12,531 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.9K
$249.3K – $332.4K
NOI $19,945 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 32922, FL
15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - BU-2 zoning supports commercial uses including professional offices, medical services, and real estate businesses.
Where is this mixed-use property located?
The property is located at 104 GRACE Avenue Cocoa, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 125 feet of frontage on SR 520; 0.22‑acre corner parcel; 1,080‑square‑foot building, constructed in 1950
