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    650 Friday Rd Cocoa, FL 32926

    For Sale
    $98,500

    Prime Commercial Lot, Cocoa, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 10,890 square foot commercial lot in Cocoa, Florida, presents a unique investment opportunity. Located at 650 Friday Road, 32926, this property is zoned BU-1, offering numerous commercial development possibilities. However, building approval requires a minimum of 300 square feet for any commercial use. The lot features setbacks of 15 feet from the south and 5 feet from the north property line. To meet building requirements, construction must extend at least 300 square feet upward. The property boasts a convenient location, just one mile from I-95 and half a mile from SR 520. An adjacent professional office building provides context for the area. Utilities including electricity, water, and sewer are readily accessible. Site preparation will be required, including clearing the land and adding a culvert. Further details on BU-1 zoning regulations, which prohibit open storage, commercial vehicles, tow trucks, and vehicle storage, are available at municode.com. This is a fantastic opportunity for developers seeking a well-located commercial parcel in a thriving area. The asking price is $98,500.

    Property Features for 650 Friday Rd

    General Information

    Property type
    Land

    HighLights

    • $98,500 asking price.
    • 10,890 SF commercial land parcel.
    • Located at 650 Friday Road, Cocoa, FL 32926.
    • BU‑1 zoning; minimum 300 sq ft building requirement.
    • Convenient location, 1 mile to I‑95 and 0.5 miles to SR 520.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop 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
    -80.8039892
    Latitude
    28.3666405

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Cocoa, FL
    Where is this land located?
    The property is located at 650 Friday Rd Cocoa, FL.
    What is the asking price?
    The asking price for this property is $98,500.
    What are key features of this property?
    This property features: $98,500 asking price.; 10,890 SF commercial land parcel.; Located at 650 Friday Road, Cocoa, FL 32926.
    Request Owner's contact information
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    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
    650 Friday Rd Cocoa, FL 32926
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