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Versatile Office Building on US1

4015 N Highway 1 Cocoa, FL 32927

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For Sale
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Adaptable office space with high visibility and ample parking.

Type:Office
Property size:
2,878 SF
Lot size:
1.26 Acres
Price / SF:
$191/SF
Added:
May 14, 2026
Days on Market:
61
Last Refresh:
Jun 28 at 7:00 pm

Property Features for 4015 N Highway 1

General Information

Standard status
Active
Size
2,878 SF
Lot size
1.26 Acres
Property subtype
Office

Building Details

Year Built
1960

Listing office Blue Marlin Real Estate

Listing date May 14, 2026

Source Crexi

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 Blue Marlin Real Estate


Investment Insights

Based on property information with market context.

This commercial property offers a versatile building suitable for various office, medical, church, or institutional uses. Situated on a 1.26-acre lot, the property features over 280 feet of frontage on US1, providing significant exposure and dual access via a circular driveway. The 2,878 square foot building includes a waiting room/lobby area, a receptionist room, seven large offices, and a large conference room. It also contains three bathrooms, a full break room and kitchenette area, a utility room, and an oversized storage room. The building is equipped with a newer, energy-efficient A/C system and a newer septic tank and drainfield, both installed in 2024. The property offers plenty of room for parking.

Key Highlights

  • 1.26 acre property with over 280' of frontage on US1, offering high exposure and ample parking.
  • Newer, energy‑efficient A/C system (2024).
  • Newer septic tank and drainfield (2024).

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 $62.2k $21.60
− Vacancy −$9.9k −$3.46
EGI $52.2k $18.14
− OpEx −$13.1k −$4.54
NOI $39.2k $13.61
2,878 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$559.5K
$489.6K – $652.7K (±1% cap)
NOI $39,164 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$759.3K
$664.4K – $885.9K (±1% cap)
NOI $53,151 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Restaurant Electrical Service Hair Salon Real Estate Agency Nail Salon Barber Shop Grocery & Convenience Store Veterinary Clinic Spa & Massage Center Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Adaptable office space with high visibility and ample parking.
Where is this office units located?
The property is located at 4015 N Highway 1 Cocoa, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1.26 acre property with over 280' of frontage on US1, offering high exposure and ample parking.; Newer, energy‑efficient A/C system (2024).; Newer septic tank and drainfield (2024).
Contact an agent
(321) 543-7246 Call to check price and availability
More about this property
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