Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    311 Brevard Ave Cocoa, FL 32922

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Cocoa, FL Executive Office Space Available

    Lot size:
    12,163 SF

    Property Features for 311 Brevard Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,163 SF
    Total Rate
    22298.83

    Building Details

    Year Built
    1919
    Stories
    3

    Spaces For Lease

    at 311 Brevard Ave, Cocoa, FL 32922 Contact us
    Unit 4

    $22 /Mo

    Size
    801 SF
    Contact us
    Unit 7

    $22 /Mo

    Size
    432 SF
    Contact us
    Unit 8

    $22 /Mo

    Size
    864 SF
    Contact us

    We can help!

    Listing Contact
    Nicole Reed
    Nicole Reed

    Listing Agency: JM Real Estate - Melbourne Listing Agent: Nicole Reed

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Village Tower, located at 311 Brevard Ave in Cocoa, Florida (zip code 32922), offers prime executive office and commercial space in a historic building. This three-story building, constructed in 1919, boasts a total of 12,163 square feet. Currently, there are 2,678 square feet of vacant space available, divisible into units as small as 220 square feet, with a maximum contiguous space of 1,528 square feet. The property is categorized as both retail and office space, suitable for a variety of businesses. Multiple tenancies are available, providing flexibility for businesses of different sizes. The building is situated in Brevard County and offers a unique opportunity to establish a presence in a vibrant Florida community. This location provides easy access to local amenities and transportation networks. The property's historical character combined with its modern functionality makes it an attractive option for businesses seeking a distinctive and well-located office space. Inquire today to learn more about the available spaces and lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Psychic Readings by ... Spiritual Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.726223206148
    Latitude
    28.354871046313

    Nearby Similar for Lease

    • $1,800 /Mo
      1,600 SF

      Cocoa Commercial/Light Industrial Space

      1600 SF commercial/light industrial space with 14' doors.
      3860 Curtis Blvd, Cocoa, FL 32927
      View Details
    • $2,750 /Mo
      5,000 SF

      Versatile Commercial Property in Cocoa, FL

      Warehouse and office space with fenced parking in central Brevard.
      527 Peachtree St, Cocoa, FL 32922
      View Details
    • $22 SF/Yr
      372 SF

      Historic Cocoa Village Retail Space

      Retail space for lease in historic Cocoa Village.
      315-319 Brevard Ave, Cocoa, FL 32922
      View Details
    • $4,950,000
      2,097 SF

      Cocoa Village Office Space

      Professional office space in Cocoa Village near local amenities.
      505 Brevard Ave, Cocoa, FL 32922
      View Details
    • $14 SF/Yr
      6,700 SF

      Flex Space with Warehouse

      Flex space featuring offices, warehouse, and roll-up door.
      3732 Highway 1 N, Cocoa, FL 32926
      View Details
    • Contact for pricing
      2,500 SF

      New Upscale Convenience Store Available

      New 2,500+ sqft NNN lease near Walmart and I-95.
      5550 State Road 524, Cocoa, FL 32926
      View Details
    • Contact for pricing
      1,480 SF

      Functional Office Space Available

      Office space featuring private office, open area, and kitchenette.
      3815 Highway 1 N, Cocoa, FL 32926
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space with High Visibility

      Retail space with prime access and flexible zoning.
      6201-6269 Us-1, Cocoa, FL
      View Details
    • Contact for pricing
      1,000 SF

      Cocoa Warehouse Unit with Yard

      Storage warehouse units with yard space available for lease.
      310 Clearlake Rd, Cocoa, FL 32922
      View Details
    • Contact for pricing
      12,769 SF

      Warehouse Opportunity on Cocoa Blvd

      Warehouse space with loading dock and high traffic location.
      951 N Cocoa Blvd, Cocoa, FL 32922
      View Details
    • Contact for pricing
      98,010 SF

      Retail Space Available for Lease

      Large retail property available for lease in Cocoa, Florida.
      2320 State Road 524, Cocoa, FL 32926
      View Details
    • Contact for pricing
      1,400 SF

      Retail/Office/Medical Space For Lease

      Retail and restaurant spaces available in Cocoa, Florida.
      Cocoa, FL
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Cocoa, FL Executive Office Space Available
    Where is this office property / space located?
    The property is located at 311 Brevard Ave Cocoa, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Prime location in Historic Cocoa Village.; Three-story, 1919 brick building with retail and office space.; Tenants include established Cocoa Village businesses.
    (314) 795-4339 Call to check price and availability
    Request Owner's contact information
    311 Brevard Ave Cocoa, FL 32922
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    311 Brevard Ave
    Cocoa, FL 32922
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Brevard Ave Cocoa, FL 32922
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nicole Reed
    Nicole Reed
    Real Estate License ID: BK3408136
    (314) 795-4339 (321) 242-2882
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!