Commercial Storefront with Private
407 Center Street, Cocoa, FL 32922
For Sale
$1,250,000
Commercial zoning and an interior layout with a separate enclosed area support a range of business configurations.
Property Size6,845 SF
Price / SF$182.62
Days on Market109
Property Features for 407 Center Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
bathroom
Building Details
Building Size
Year Built
Stories
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Shane Burgman · License #3325211
(321) 499-2969
Source:
Imperviousrealestate
Added: Jul 24
Changed: Nov 7
Last Checked: Nov 8 at 3:30PM
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 Real Broker LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,845-square-foot storefront property was built in 1962 and is zoned Commercial. The interior includes a large open area, a separate enclosed space suited to storage or private office use, and a bathroom.
The property is at 407 Center Street in Cocoa, Florida, near Historic Cocoa Village.
The property is at 407 Center Street in Cocoa, Florida, near Historic Cocoa Village.
Key Highlights
- 6,845 square feet of commercial storefront space
- Separate enclosed area for storage or private office use
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,916
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,320
$1.6M
Cap Rate 7%
$1,127,371
$1.1M
Cap Rate 9%
$876,844
$876.8K
Market Conditions
NOI Build-Up for 6,845 SF
Gross rent
$123.2K $18.00/SF
− Vacancy
−$10.5K −$1.53/SF
EGI
$112.7K $16.47/SF
− OpEx
−$33.8K −$4.94/SF
NOI
$78.9K $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%
$1,578,320
Cap Rate 7%
$1,127,371
Cap Rate 9%
$876,844
Alternative Uses
Best Use
Retail
$1.13M
$986.5K – $1.32M
NOI $78,916 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,413 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 29%
Home Improvements & Furnishings 1%
Truist
Shops & Services
5,407 visits/mo
0.3 miles
Mobil
Shops & Services
5,378 visits/mo
0.2 miles
Chase Bank
Shops & Services
4,545 visits/mo
0.3 miles
Dunkin' Donuts
Dining
4,408 visits/mo
0.2 miles
El Charro
Dining
2,948 visits/mo
0.5 miles
Demographics for 32922, FL
15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Brevard County, FL
Properties on Market for Storefront properties in Brevard County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Carousel Florist — 990 Rockledge Blvd, Rockledge, FL 32955
- A Basket Of Love Florist — 812 S Cocoa Blvd, Cocoa, FL 32922
- Patinaed & Co — 631 Brevard Ave AB, Cocoa, FL 32922
- Deluxe Flowers — 646 Brevard Ave, Cocoa, FL 32922
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning and an interior layout with a separate enclosed area support a range of business configurations.
Where is this storefront property located?
The property is located at 407 Center Street Cocoa, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,845 square feet of commercial storefront space; Separate enclosed area for storage or private office use; Commercial zoning
