Flex Warehouse
831 W King Street Cocoa, FL 32922
831 W King Street, Cocoa, FL, 32922
$349,000
For Sale
$349,000
Showroom and office space with three overhead doors, including one on the street side and two in the rear.
Property Size1,368 SF
Price / SF$255.12
Days on Market178
Property Features for 831 W King Street
General Information
- Standard status
- Active
- Size
- 1,368 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1962
Listing agency
Realty World Curri Properties
(321) 720-5053
Listed by
Eugene Artusa · License #655885
(321) 720-5053
Source
Xome
Added: Jan 24 Updated: Jul 21 at 4:34PM Checked: Jul 21 at 4:34PM
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 Realty World Curri Properties
Investment Insights
Based on property information with market context.
This flex-style building includes showroom and office space, supported by overhead loading access with one door on the street side and two overhead doors at the rear. The layout is described as suitable for retail or storage alongside manufacturing use.
The property is located at 831 W King Street in Cocoa, FL 32922. The street-side overhead door and rear doors provide practical flexibility for receiving, loading, and day-to-day operations.
For sale at $349,000, the owner indicates they will consider holding a mortgage with 30% down. The property is also available to lease for $2,500 per month.
The property is located at 831 W King Street in Cocoa, FL 32922. The street-side overhead door and rear doors provide practical flexibility for receiving, loading, and day-to-day operations.
For sale at $349,000, the owner indicates they will consider holding a mortgage with 30% down. The property is also available to lease for $2,500 per month.
Key Highlights
- Showroom and office space with three overhead doors—one on the street side and two in the rear
- 1368 Af building with space suitable for retail or storage plus manufacturing
- Year built: 1962
Local Financial Insights For Retail
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 | $24.6k | $18.00 |
| − Vacancy | −$2.1k | −$1.53 |
| EGI | $22.5k | $16.47 |
| − OpEx | −$6.8k | −$4.94 |
| NOI | $15.8k | $11.53 |
1,368 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$225.3K
$197.2K – $262.9K
NOI $15,772 @ 7.0% cap · market cap 4.52%
Second Best
Flex RnD
$199.5K
$174.6K – $232.8K
NOI $13,968 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$360.9K
$315.8K – $421.1K
NOI $25,264 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cabinet Spectrum Inc
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- WilmaWishezEateryLLc. — 115 Polaris St, Cocoa, FL 32922
FAQs
What type of property is this?
Flex space - Showroom and office space with three overhead doors, including one on the street side and two in the rear.
Where is this flex space located?
The property is located at 831 W King Street Cocoa, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Showroom and office space with three overhead doors—one on the street side and two in the rear; 1368 Af building with space suitable for retail or storage plus manufacturing; Year built: 1962
