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Cocoa Village Commercial Office Space
For Sale
$1,350,000

625 BREVARD Ave 627 629, Cocoa, FL 32922

Commercial office space in the heart of Cocoa Village.

Property Size3,978 SF
Lot Size0.38 Acres
Days on Market312

Property Features for 625 BREVARD Ave 627 629

General Information

Standard status Active
Size 3,978 SF
Lot size 0.38 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,261

Building Details

Building Size 3,978 SF
Year Built 1951
Listing Agency: KELLER WILLIAMS SPACE COAST
Listed By: Richard Lemon · License #3220959
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 30 Last Checked: Oct 5 at 4:33PM

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 KELLER WILLIAMS SPACE COAST

Investment Insights

Based on property information with market context.

Commercial office space is available in the heart of Cocoa Village, situated on the main frontage of Brevard Avenue. The property features frontage glass offices suitable for display purposes, along with ample parking. The layout includes a large area in the front, with bathrooms and storage located in the back. This property is positioned within the Cocoa Village Business Community.

Key Highlights

  • Prime location on Brevard Ave in the heart of Cocoa Village.
  • High visibility with frontage glass offices suitable for display.
  • Ample parking available.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,133
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,660 $1.1M
Cap Rate 7%
$773,329 $773.3K
Cap Rate 9%
$601,478 $601.5K
Market Conditions
NOI Build-Up for 3,978 SF
Gross rent
$85.9K $21.60/SF
− Vacancy
−$13.7K −$3.46/SF
EGI
$72.2K $18.14/SF
− OpEx
−$18.0K −$4.54/SF
NOI
$54.1K $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%
$1,082,660
Cap Rate 7%
$773,329
Cap Rate 9%
$601,478

Alternative Uses

Best Use
Office B
$773.3K
$676.7K – $902.2K (±1% cap)
NOI $54,133 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$918.3K – $1.22M (±1% cap)
NOI $73,466 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Commercial office space in the heart of Cocoa Village.
Where is this office units located?
The property is located at 625 BREVARD Ave 627 629 Cocoa, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime location on Brevard Ave in the heart of Cocoa Village.; High visibility with frontage glass offices suitable for display.; Ample parking available.
More about this property
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