Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4550 State Road 524 Cocoa, FL 32926

    For Sale
    $325,000

    2.56 Acres, Prime Cocoa Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.56-acre residential land parcel presents a unique opportunity in Cocoa, Florida. Situated on the north side of State Road 524, this property boasts excellent visibility and convenient access, positioned between I-95 and Cox and Friday Roads. The lot features substantial frontage on State Road 524, measuring approximately 151 feet, with additional boundary lines of approximately 452.2 feet (east), 306 feet (west), and 270.8 feet (north). While no survey is currently on file, the property's dimensions offer significant development potential. Currently zoned RR-1 (Rural Residential, one house per acre) within the Brevard County Zoning District, the future land use designation is R-1 residential. There's potential for commercial rezoning through the City of Cocoa. City of Cocoa water is available, with a 36-inch PCCP potable line located on the west side of State Road 524. Sewer service will require a septic system. This prime location on Florida's Space Coast offers a compelling investment opportunity for residential development, with the added possibility of future commercial use. A video showcasing the property is available online. The asking price is $325,000. The zip code is 32926.

    Property Features for 4550 State Road 524

    General Information

    Property type
    Land
    Lot Size
    111,514 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.795607
    Latitude
    28.381394

    Nearby Similar for Sale

    • New
      $289,000
      1,644 SF

      Cocoa Duplex with Extra Lot

      Duplex with two units, extra lot, convenient location.
      1417 Wilson Rd, Cocoa, FL 32922
      View Details
    • $249,000
      0.23 Acres

      Established Marine Business Opportunity

      Thriving marine business with strong client base and growth potential.
      229 Forrest Ave, Cocoa, FL 32922
      View Details
    • $1,425,000
      5,450 SF

      Cocoa Multifamily Apartment Complex

      12-unit apartment complex near Cocoa Village and Indian River.
      150 Peachtree St, Cocoa, FL 32922
      View Details
    • $349,900
      837 SF

      Duplex Investment Opportunity Near Beach

      Multi-family duplex in Cocoa, FL, near the beach.
      717 Lunar Lake Cir, Cocoa, FL 32926
      View Details
    • $49,999

      Established Lawn Service Business

      Lawn service business for sale in Brevard County, Florida.
      0000 No Name, Cocoa, FL 32927
      View Details
    • $424,900
      3,920 SF

      Commercial Property in Cocoa, Florida

      Two-building commercial property with lease income and redevelopment potential.
      1229-1231 W King St, Cocoa, FL 32922
      View Details

    FAQs

    What type of property is this?
    Land - 2.56 Acres, Prime Cocoa Location
    Where is this land located?
    The property is located at 4550 State Road 524 Cocoa, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    Request Owner's contact information
    4550 State Road 524 Cocoa, FL 32926
    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.
    4550 State Road 524
    Cocoa, FL 32926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    4550 State Road 524 Cocoa, FL 32926
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.