Front-Glass Office
627-625 Brevard Ave Cocoa, FL 32922
For Sale
$1,150,000
Frontage glass office units on Brevard Ave with ample parking and bathrooms plus storage at the rear.
Property Size3,978 SF
Price / SF$289.09
Days on Market711
Property Features for 627-625 Brevard Ave
General Information
- Standard status
- Active
- Size
- 3,978 SF
Listing Agency:
keller williams space coast
(321) 450-5600
Listed By:
Richard Lemon · License #3220959
(321) 450-5600
Source:
Exprealty
Added: Aug 14, 2024
Changed: Jul 23
Last Checked: Jul 24 at 1:18PM
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.
These front-glass office units are positioned for street-level presence on the main frontage of Brevard Ave. The layout includes a larger front area and bathrooms, with storage located toward the rear.
The property is offered for sale in the heart of Cocoa Village on Brevard Ave, with ample parking provided for tenant and visitor access.
As configured, the space supports a display-oriented front office presence, balanced by back-of-house storage and restroom facilities.
The property is offered for sale in the heart of Cocoa Village on Brevard Ave, with ample parking provided for tenant and visitor access.
As configured, the space supports a display-oriented front office presence, balanced by back-of-house storage and restroom facilities.
Key Highlights
- Commercial office space in Cocoa Village on Brevard Ave main frontage
- Frontage glass office units designed for display
- Ample on‑site parking
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 | $85.9k | $21.60 |
| − Vacancy | −$13.7k | −$3.46 |
| EGI | $72.2k | $18.14 |
| − OpEx | −$18.0k | −$4.54 |
| NOI | $54.1k | $13.61 |
3,978 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$773.3K
$676.7K – $902.2K
NOI $54,133 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$918.3K – $1.22M
NOI $73,466 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Frontage glass office units on Brevard Ave with ample parking and bathrooms plus storage at the rear.
Where is this office units located?
The property is located at 627-625 Brevard Ave Cocoa, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Commercial office space in Cocoa Village on Brevard Ave main frontage; Frontage glass office units designed for display; Ample on‑site parking
