Corner Office and Medical
104 Grace Ave Cocoa, FL 32922
104 Grace Ave, Cocoa, FL, 32922
$329,000
For Sale
$329,000
Corner commercial property with SR 520 frontage and BU-2 zoning supporting professional and medical uses.
Property Size1,080 SF
Price / SF$304.63
Days on Market15
Property Features for 104 Grace Ave
General Information
- Standard status
- Active
- Size
- 1,080 SF
Listing agency
Florida Realty Results, LLC
(321) 276-2613
Listed by
Vincent Guzman
(321) 276-2613
Source
Exprealty
Added: Jul 7 Updated: Jul 21 at 6:03AM Checked: Jul 21 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Realty Results, LLC
Investment Insights
Based on property information with market context.
This corner mixed-use commercial property includes office and medical space and features approximately 125 feet of frontage on SR 520. The building is available for sale and is described as needing some TLC, offering an opportunity for an owner-operator or investor to update and tailor the space.
Zoned BU-2 Commercial, the property allows a range of business uses, including professional offices, title company, insurance agency, attorney, accounting, real estate, and medical, among others. Located at 104 Grace Ave in Cocoa, the corner positioning provides both visibility and access along SR 520.
The offering is well-suited for a buyer seeking flexible zoning and an office-oriented configuration on a high-traffic frontage corridor.
Zoned BU-2 Commercial, the property allows a range of business uses, including professional offices, title company, insurance agency, attorney, accounting, real estate, and medical, among others. Located at 104 Grace Ave in Cocoa, the corner positioning provides both visibility and access along SR 520.
The offering is well-suited for a buyer seeking flexible zoning and an office-oriented configuration on a high-traffic frontage corridor.
Key Highlights
- Corner commercial property with 125 ft of frontage on SR 520 for high‑traffic access
- BU‑2 Commercial zoning supports a variety of business uses, including professional offices and medical
- Zoning flexibility allows uses such as title company, insurance agency, attorney, accounting, and real estate
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.3k | $21.60 |
| − Vacancy | −$3.7k | −$3.46 |
| EGI | $19.6k | $18.14 |
| − OpEx | −$4.9k | −$4.54 |
| NOI | $14.7k | $13.61 |
1,080 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$210.0K
$183.7K – $245.0K
NOI $14,697 @ 7.0% cap · market cap 4.47%
Second Best
Healthcare Medical
$194.2K
$169.9K – $226.5K
NOI $13,592 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$284.9K
$249.3K – $332.4K
NOI $19,945 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stoned and Wired Designs ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Corner commercial property with SR 520 frontage and BU-2 zoning supporting professional and medical uses.
Where is this office units located?
The property is located at 104 Grace Ave Cocoa, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Corner commercial property with 125 ft of frontage on SR 520 for high‑traffic access; BU‑2 Commercial zoning supports a variety of business uses, including professional offices and medical; Zoning flexibility allows uses such as title company, insurance agency, attorney, accounting, and real estate
