Renovated Grooming
For Sale
$120,000
40 N Brevard Ave, Cocoa Beach, FL 32931
The unit includes grooming equipment and an outdoor grass area behind the storefront.
Property Size600 SF
Price / SF$200
Days on Market8
Property Features for 40 N Brevard Ave
General Information
Standard status
Active
Size
600 SF
Amenities
large grass area behind unit
Listing Agency:
Happy House Real Estate
(321) 749-7826
Listed By:
Patricia K Weeks · License #3081950
(321) 759-8563
Source:
Exprealty
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 2:57PM
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 Happy House Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 600-square-foot storefront has been renovated for grooming use. Grooming equipment is included with the unit, with the computer excluded. A grass area behind the building provides outdoor space for walking dogs. The property is located at 40 N Brevard Ave in Cocoa Beach, Florida.
Key Highlights
- 600‑square‑foot storefront
- Renovated unit with grooming equipment included; computer excluded
- Grass area behind the unit for walking dogs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,917
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,340
$138.3K
Cap Rate 7%
$98,814
$98.8K
Cap Rate 9%
$76,856
$76.9K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$10.8K $18.00/SF
− Vacancy
−$918 −$1.53/SF
EGI
$9.9K $16.47/SF
− OpEx
−$3.0K −$4.94/SF
NOI
$6.9K $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%
$138,340
Cap Rate 7%
$98,814
Cap Rate 9%
$76,856
Alternative Uses
Best Use
Retail
$98.8K
$86.5K – $115.3K
NOI $6,917 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$158.3K
$138.5K – $184.7K
NOI $11,081 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Chevron
Shops & Services
6,730 visits/mo
0.5 miles
Sunoco
Shops & Services
6,342 visits/mo
0.3 miles
Foxtail Coffee
Dining
3,445 visits/mo
0.3 miles
Woof Gang Bakery
Shops & Services
3,313 visits/mo
0.3 miles
7-Eleven
Shops & Services
3,117 visits/mo
0.3 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
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 - The unit includes grooming equipment and an outdoor grass area behind the storefront.
Where is this storefront property located?
The property is located at 40 N Brevard Ave Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 600‑square‑foot storefront; Renovated unit with grooming equipment included; computer excluded; Grass area behind the unit for walking dogs
