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    Unknown Unknown Cocoa, FL 32926

    For Sale
    Contact for pricing

    1.08 Acres, Great Investment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 47,045 square foot land parcel presents a compelling investment opportunity in the sought-after Canaveral Groves area of Cocoa, Florida. Located in Brevard County, zip code 32926, this property offers 1.08 acres of versatile land currently zoned for both commercial and residential uses. While not currently buildable, its strategic location and substantial size make it ideal for long-term investment strategies. The property's latitude and longitude coordinates are 28.3872999 and -80.8322428 respectively. The asking price for this expansive lot is $12,000. Given its dual zoning, this land offers significant potential for future development, subject to any necessary zoning changes and approvals. Prospective buyers should conduct their own due diligence regarding permitted uses and future development possibilities. This is a rare opportunity to acquire a sizeable parcel of land in a desirable Florida location, perfect for those seeking a long-term investment or exploring alternative recreational uses. The address is currently unavailable.

    Property Features for 0 Unknown Unknown

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.8322428
    Latitude
    28.3872999

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    FAQs

    What type of property is this?
    Land - 1.08 Acres, Great Investment Potential
    Where is this land located?
    The property is located at Unknown Unknown Cocoa, FL.
    What is the asking price?
    The asking price for this property is $12,000.
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    Unknown Unknown Cocoa, FL 32926
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    Cocoa, FL 32926
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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
    Unknown Unknown Cocoa, FL 32926
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