Renovated Office
New
For Sale
$850,000
4015 Us-1, Cocoa, FL 32927
Commercial Sale, Cocoa, FL
Property Size2,878 SF
Lot Size1.26 Acres
Price / SF$295.34
Days on Market2
Property Features for 4015 Us-1
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Off Street, Carport, Covered, Driveway, Parking Lot
Fencing
Fenced, Privacy, Chain Link
Lot features
Uplands
Directions
From Highway 528 - head North on US1, Just north of Canaveral Groves Blvd the property is on the south side of US1
Subdivision
212 - Cocoa - West of US 1
Standard status
Active
APN
23-36-31-00-763
Size
2,878 SF
Lot size
1.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5189
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
Block, Stucco
Roof type
Metal
Listing Agency:
Kimco Real Estate
Listed By:
Kim Forbes Stewart
(321) 302-1312
Added: Oct 21
Last Checked: Oct 22 at 10:06AM
MLS# 1090601
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Renovated in 2026, this 2,878-square-foot office building has a reception area, eight offices, a conference room, and a server/technology closet. Additional spaces include a production and copy room, three bathrooms, a break room, a kitchenette, and two oversized storage closets. Improvements include a new roof, HVAC system, septic system, updated interior and exterior finishes, and upgraded lighting. The property also has two entrances and 8-foot galvanized commercial-grade fencing.
The 1.26-acre site fronts US-1, with more than 280 feet along the highway and on-site parking. The property is in Cocoa, near SpaceX, Blue Origin, Kennedy Space Center, and Patrick Space Force Base.
The 1.26-acre site fronts US-1, with more than 280 feet along the highway and on-site parking. The property is in Cocoa, near SpaceX, Blue Origin, Kennedy Space Center, and Patrick Space Force Base.
Key Highlights
- 1.26‑acre office property with 2,878 square feet of building area
- Eight offices, conference room, reception area, and three bathrooms
- More than 280 feet of frontage on US‑1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,164
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,280
$783.3K
Cap Rate 7%
$559,486
$559.5K
Cap Rate 9%
$435,156
$435.2K
Market Conditions
NOI Build-Up for 2,878 SF
Gross rent
$62.2K $21.60/SF
− Vacancy
−$9.9K −$3.46/SF
EGI
$52.2K $18.14/SF
− OpEx
−$13.1K −$4.54/SF
NOI
$39.2K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,280
Cap Rate 7%
$559,486
Cap Rate 9%
$435,156
Alternative Uses
Best Use
Office B
$559.5K
$489.6K – $652.7K
NOI $39,164 @ 7.0% cap · market cap 4.61%
Second Best
Healthcare Medical
$517.4K
$452.8K – $603.7K
NOI $36,221 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$759.3K
$664.4K – $885.9K
NOI $53,151 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A refreshed office layout combines private work areas with shared meeting, reception, and staff amenities.
Where is this office building located?
The property is located at 4015 Us-1 Cocoa, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.26‑acre office property with 2,878 square feet of building area; Eight offices, conference room, reception area, and three bathrooms; More than 280 feet of frontage on US‑1
