Storefront Property with Flexible
For Sale
Contact for pricing
158 N Atlantic Avenue, Cocoa Beach, FL 32931
Commercial space on Atlantic Avenue with subdivision potential and a roof updated in 2022.
Property Size1,187 SF
Price / SF$2.44
Days on Market91
Property Features for 158 N Atlantic Avenue
General Information
Standard status
Active
Size
1,187 SF
Additional Details
Road Access
Yes
Listing Agency:
Denovo Realty
(321) 237-1887
Listed By:
Nick F Farinella · License #FL536213
(321) 543-1685
Source:
Startbrevardsearch
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 16 at 9:01AM
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 Denovo Realty
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Investment Insights
Based on property information with market context.
This storefront property at 158 N Atlantic Avenue offers a flexible commercial layout with potential for subdivision. The space is positioned for retail, office, or service-business use, and the roof was updated in 2022.
The property sits on Atlantic Avenue in Cocoa Beach, near the beach, shops, dining, and entertainment. Its location supports both pedestrian and vehicle exposure, with customer access and prominent signage visibility identified as key site features.
The property sits on Atlantic Avenue in Cocoa Beach, near the beach, shops, dining, and entertainment. Its location supports both pedestrian and vehicle exposure, with customer access and prominent signage visibility identified as key site features.
Key Highlights
- Flexible commercial layout with potential to subdivide
- Roof updated in 2022
- Located at 158 N Atlantic Avenue in Cocoa Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,685
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,700
$273.7K
Cap Rate 7%
$195,500
$195.5K
Cap Rate 9%
$152,056
$152.1K
Market Conditions
NOI Build-Up for 1,187 SF
Gross rent
$21.4K $18.00/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$19.5K $16.47/SF
− OpEx
−$5.9K −$4.94/SF
NOI
$13.7K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,700
Cap Rate 7%
$195,500
Cap Rate 9%
$152,056
Alternative Uses
Best Use
Retail
$195.5K
$171.1K – $228.1K
NOI $13,685 @ 7.0% cap · market cap 471.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.2K
$274.0K – $365.4K
NOI $21,922 @ 7.0% cap · market cap 755.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 34%
Home Improvements & Furnishings 13%
Dunkin' Donuts
Dining
10,553 visits/mo
0.4 miles
Dollar General
Shops & Services
9,009 visits/mo
0.4 miles
Chevron
Shops & Services
6,730 visits/mo
0.2 miles
Ace Handiman Hardware
Home Improvements & Furnishings
6,723 visits/mo
0.4 miles
Sunoco
Shops & Services
6,342 visits/mo
0.4 miles
Demographics for 32931, FL
13,643
Population
10,763
Households
1.3
Avg Household Size
60
Median Age
52%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,624
Density / Sq Mi
$84,769
Median Household Income
$51,769
Median Earnings
$1,533
Median Rent
$478,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cocoa Beach Wedding Florist — 266 N Atlantic Ave, Cocoa Beach, FL 32931
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial space on Atlantic Avenue with subdivision potential and a roof updated in 2022.
Where is this storefront property located?
The property is located at 158 N Atlantic Avenue Cocoa Beach, FL.
What are key features of this property?
This property features: Flexible commercial layout with potential to subdivide; Roof updated in 2022; Located at 158 N Atlantic Avenue in Cocoa Beach
