Two-Building Industrial
New
For Sale
$2,900,000
342 Williams Point Blvd, Cocoa, FL 32927
Fenced facilities combine warehouse space with mezzanine storage and air-conditioned offices.
Property Size11,850 SF
Lot Size1.38 Acres
Price / SF$244.73
Days on Market7
Property Features for 342 Williams Point Blvd
General Information
Standard status
Active
Size
11,850 SF
Lot size
1.38 Acres
Zoning
IU Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
6
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$20,600
Building Details
Buildings
2
Listing Agency:
Kovac Real Estate
Listed By:
Joe Kovac · License #3253209
(321) 544-2511
Source:
Exprealty
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 3:14PM
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 Kovac Real Estate
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Investment Insights
Based on property information with market context.
This industrial property brings together two warehouse buildings across 1.38 acres, with a combined building area of 11,850 square feet. The warehouse areas offer 16-foot ceilings and six grade-level roll-up doors, while mezzanines add storage capacity. Air-conditioned office space and restrooms are also included. Paved exterior areas support vehicle access, parking, and circulation, and the site is fenced. The property carries IU Industrial zoning.
The site is just off US Highway 1, with access to SR 528 and I-95. Kennedy Space Center and Port Canaveral are also identified as nearby regional destinations.
The site is just off US Highway 1, with access to SR 528 and I-95. Kennedy Space Center and Port Canaveral are also identified as nearby regional destinations.
Key Highlights
- Two warehouse buildings totaling 11,850 square feet on 1.38 acres
- 16‑foot ceilings and six grade‑level roll‑up doors
- IU Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,648
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,632,960
$1.6M
Cap Rate 7%
$1,166,400
$1.2M
Cap Rate 9%
$907,200
$907.2K
Market Conditions
NOI Build-Up for 11,850 SF
Gross rent
$99.5K $8.40/SF
− Vacancy
−$3.5K −$0.29/SF
EGI
$96.1K $8.11/SF
− OpEx
−$14.4K −$1.22/SF
NOI
$81.6K $6.89/SF
Area
Brevard County, FL
Vacancy
3.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,632,960
Cap Rate 7%
$1,166,400
Cap Rate 9%
$907,200
Alternative Uses
Best Use
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,648 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $218,846 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
16 ft
Clear height
6
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32927, FL
27,996
Population
11,843
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,094
Density / Sq Mi
$81,969
Median Household Income
$40,703
Median Earnings
$1,344
Median Rent
$261,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Port St John Storage — 4995 US-1, Cocoa, FL 32927
- Gator State Storage — 4995 US-1, Cocoa, FL 32927
- APES Portable Storage and Moving — 5175 US-1, Cocoa, FL 32926
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced facilities combine warehouse space with mezzanine storage and air-conditioned offices.
Where is this warehouse located?
The property is located at 342 Williams Point Blvd Cocoa, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Two warehouse buildings totaling 11,850 square feet on 1.38 acres; 16‑foot ceilings and six grade‑level roll‑up doors; IU Industrial zoning
