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    Prime Cocoa Office Property Title is generated by Realmo AI

    100 Delannoy Ave, Cocoa, FL

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    Exceptional office property in Cocoa, Florida, with CBD zoning.

    Type:OFFICE
    Property size:
    15,234 SF
    Lot size:
    1.24 Acres
    Price / SF:
    $229/SF
    Added:
    Jun 19, 2024
    Days on Market:
    727
    Last Refresh:
    May 20 at 9:03 pm

    Property Features for 100 Delannoy Ave

    General Information

    Standard status
    Active
    Size
    15,234 SF
    Lot size
    1.24 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jeffery T. Robison CCIM
    Jeffery T. Robison CCIM

    Listing agent Jeffery T. Robison CCIM License ##BK3113472

    Listing office Lightle Beckner Robison, Inc.

    Listing date Jun 19, 2024

    Source Moodyscre

    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 Lightle Beckner Robison, Inc.

    HighLights

    • Prime office property in the heart of Cocoa, FL.
    • Zoned CBD, providing ample flexibility for a range of commercial uses.
    • Situated in the thriving Cocoa Village area.
    • High visibility and accessibility for tenants and clients.
    • Strategic location.
    • Impressive square footage.

    Overview

    This office property is located in Cocoa, Florida. It is zoned CBD, providing flexibility for commercial uses. Situated in the Cocoa Village area, the property benefits from high visibility and accessibility. The property offers a total area of 15,234 square feet. The seller intends to impose a deed restriction against future gas uses, but this is negotiable. This property may be suitable for office building investors.

    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 $329.1k $21.60
    − Vacancy −$52.6k −$3.46
    EGI $276.4k $18.14
    − OpEx −$69.1k −$4.54
    NOI $207.3k $13.61
    15,234 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.96M
    $2.59M – $3.46M (±1% cap)
    NOI $207,304 @ 7.0% cap · market cap 5.92%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.02M
    $3.52M – $4.69M (±1% cap)
    NOI $281,342 @ 7.0% cap · market cap 8.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair 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
    -80.7247
    Latitude
    28.3562

    FAQs

    What type of property is this?
    Office building - Exceptional office property in Cocoa, Florida, with CBD zoning.
    Where is this office building located?
    The property is located at 100 Delannoy Ave Cocoa, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Prime office property in the heart of Cocoa, FL.; Zoned CBD, providing ample flexibility for a range of commercial uses.; Situated in the thriving Cocoa Village area.
    (321) 722-0707 Call to check price and availability
    More about this property
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