Office Suite with Conference
For Sale
Contact for pricing
414 High Point Drive #2, Cocoa, FL 32926
The first-floor layout includes six offices, a conference room, and a lobby.
Property Size1,840 SF
Price / SF$0.82
Days on Market602
Property Features for 414 High Point Drive #2
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Office
Additional Details
Floor
first floor
Public Transit
Yes
Property Use
Office
Building Details
Year Built
1965
Listing Agency:
Happy House Real Estate
(321) 749-7826
Listed By:
Patricia K Weeks · License #3081950
(321) 759-8563
Source:
Mccoyfreeman
Added: Mar 7, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:34PM
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
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Investment Insights
Based on property information with market context.
This 1,840-square-foot office suite occupies the first floor and is arranged with six offices, a conference room, and a lobby. The building dates to 1965, and parking is available on site.
The property is positioned just north of a new train station, providing a nearby transit reference point.
The property is positioned just north of a new train station, providing a nearby transit reference point.
Key Highlights
- 1,840‑square‑foot first‑floor office suite
- Six offices, a conference room, and a lobby
- Parking available on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,039
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,780
$500.8K
Cap Rate 7%
$357,700
$357.7K
Cap Rate 9%
$278,211
$278.2K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$39.7K $21.60/SF
− Vacancy
−$6.4K −$3.46/SF
EGI
$33.4K $18.14/SF
− OpEx
−$8.3K −$4.54/SF
NOI
$25.0K $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%
$500,780
Cap Rate 7%
$357,700
Cap Rate 9%
$278,211
Alternative Uses
Best Use
Office B
$357.7K
$313.0K – $417.3K
NOI $25,039 @ 7.0% cap · market cap 1,669.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.4K
$424.8K – $566.4K
NOI $33,981 @ 7.0% cap · market cap 2,265.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
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Business Placement
Demographics for 32926, FL
22,693
Population
10,796
Households
2.1
Avg Household Size
49
Median Age
22%
College-Educated
88%
High-School Grad
49.3 sq mi
ZIP Area
460
Density / Sq Mi
$65,092
Median Household Income
$36,795
Median Earnings
$1,297
Median Rent
$251,400
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 unit - The first-floor layout includes six offices, a conference room, and a lobby.
Where is this office unit located?
The property is located at 414 High Point Drive #2 Cocoa, FL.
What are key features of this property?
This property features: 1,840‑square‑foot first‑floor office suite; Six offices, a conference room, and a lobby; Parking available on site
