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    966 Cocoa Blvd Cocoa, FL 32922

    For Sale
    $2,000,000

    High-traffic retail center, 90% occupied

    Property size:
    8,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This thriving 8,208 square foot retail center, located at 966-970 N Cocoa Boulevard in Cocoa, Florida (zip code 32922), presents a compelling investment opportunity. Built in 1982 and situated on a 43,124.4 square foot lot, the property boasts 301.39 lineal feet of frontage on US Highway 1, offering exceptional visibility and accessibility. The multi-tenant plaza features twelve units with a current occupancy rate of 90%, generating strong cash flow. Recent renovations include a new monument sign, fresh paint, updated façade signage for each business, and renovated interior suites. Two convenient entrances/exits on either side of the plaza enhance traffic flow. The property's prime location near State Road 528 provides easy access to Orlando and the densely populated coastal communities, ensuring a consistent stream of potential customers. The meticulously maintained landscaping further enhances the professional appearance of the center. Asking price is $2,000,000. Lease type is modified.

    Property Features for 966 Cocoa Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    8,208 SF

    Building Details

    Year Built
    1982
    Units
    12

    HighLights

    • 301.39 linear feet of US Highway 1 frontage.
    • Dual access points on both sides of the plaza.
    • Excellent access to Orlando and coastal communities via SR 528.
    • Recently renovated with new monument and façade signage, fresh paint, and updated suites.
    • Professionally landscaped.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kirby Vacuums Factory ... Vacuum Cleaning System Supplier Flawless Fades Barber ... Barber Shop L a Looks Beauty Salon East Coast Gleam ... House Cleaning Service Revolutions Hair Studio Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7362095
    Latitude
    28.3744954

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, 90% occupied
    Where is this retail property located?
    The property is located at 966 Cocoa Blvd Cocoa, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 301.39 linear feet of US Highway 1 frontage.; Dual access points on both sides of the plaza.; Excellent access to Orlando and coastal communities via SR 528.
    Request Owner's contact information
    966 Cocoa Blvd Cocoa, FL 32922
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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
    966 Cocoa Blvd Cocoa, FL 32922
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