Retail Plaza on U.S.
For Sale
Contact for pricing
966 - 970 N Cocoa Boulevard, Cocoa, FL 32922
Retail plaza with frontage on U.S. Highway 1.
Property Size8,208 SF
Price / SF$194.93
Days on Market1014
Property Features for 966 - 970 N Cocoa Boulevard
General Information
Standard status
Active
Size
8,208 SF
Property subtype
Office, Retail
Building Details
Year Built
1982
Listing Agency:
Charles A. Von Stein, Inc
Listed By:
Kirk Von Stein · License #FL
Source:
Crexi
Added: Oct 24, 2023
Changed: Jul 10
Last Checked: Aug 2 at 8:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles A. Von Stein, Inc
Investment Insights
Based on property information with market context.
This property features 301.39 lineal feet of frontage on U.S. Highway 1. It includes two entrances and exits on each side of the plaza. The location provides proximity to 528, offering direct access to Orlando and the beachside communities. The property has been renovated and includes a monument sign, new paint, facade signs over each business, and renovated suites. The landscape is regularly maintained.
Key Highlights
- High visibility with 301.39 lineal feet of frontage on U.S. Hwy 1.
- Excellent accessibility with two entrances/exits.
- Convenient location near 528, providing direct access to Orlando and beachside communities.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.7k | $18.00 |
| − Vacancy | −$12.6k | −$1.53 |
| EGI | $135.2k | $16.47 |
| − OpEx | −$40.6k | −$4.94 |
| NOI | $94.6k | $11.53 |
8,208 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.58M
NOI $94,630 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.89M – $2.53M
NOI $151,585 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 28%
Shops & Services 27%
Dining 26%
Superstores 16%
Tractor Supply Co.
Home Improvements & Furnishings
17,284 visits/mo
0.2 miles
McDonald's
Dining
13,888 visits/mo
0.3 miles
Big Lots
Superstores
12,195 visits/mo
0.2 miles
Exxon
Shops & Services
5,750 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
3,733 visits/mo
0.3 miles
Demographics for 32922, FL
15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Celebration Plaza — 28°22'25. 80°44'38., 7 US-1, Cocoa, FL 32922
- North Point — 840 N Cocoa Blvd, Cocoa, FL 32922
- Vintage Vinyl Records — 823 N Cocoa Blvd, Cocoa, FL 32922
Frequently Asked Questions
What type of property is this?
Shopping center - Retail plaza with frontage on U.S. Highway 1.
Where is this shopping center located?
The property is located at 966 - 970 N Cocoa Boulevard Cocoa, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High visibility with 301.39 lineal feet of frontage on U.S. Hwy 1.; Excellent accessibility with two entrances/exits.; Convenient location near 528, providing direct access to Orlando and beachside communities.
