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    Fl-520 Cocoa, FL 32922

    Sponsored
    For Sale
    $550,000

    Prime Commercial Land, Cocoa, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering in Cocoa, Florida, presents a unique investment opportunity. Encompassing approximately 2.76 acres, this property boasts a prime location on Highway 520, conveniently situated about 2.8 miles west of I-95 and State Road 520. The parcel features four commercially zoned lots, each ideal for various business ventures. With approximately 400 feet of frontage and 300 feet of depth, the land offers ample space for development. The site is enhanced by mature oak trees, creating a naturally beautiful setting. The property is served by City of Cocoa water and septic systems, although a culvert will be required for access. Parcel IDs are 2408517, 2408516, and 2408515. This location is approximately 1 mile past the intersection of State Road 520 and State Road 524, and roughly 1300 feet east of the Chevron station at the intersection of State Road 520 and Satellite Boulevard. The asking price for this remarkable opportunity is $550,000. The BU-1 Commercial zoning allows for a wide range of development possibilities, making this a truly compelling investment.

    Property Features for 0 Fl-520

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • Four commercial lots totaling 2.76 acres, zoned BU‑1.
    • Approximately 400 feet of frontage and 300 feet of depth.
    • Parcel IDs: 2408517, 2408516, and 2408515.
    • City of Cocoa water and septic; culvert required for access.
    • Prime location on Highway 520, ~2.8 miles west of I‑95 and SR 520.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7421681
    Latitude
    28.3556439

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Cocoa, FL
    Where is this land located?
    The property is located at Fl-520 Cocoa, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Four commercial lots totaling 2.76 acres, zoned BU-1.; Approximately 400 feet of frontage and 300 feet of depth.; Parcel IDs: 2408517, 2408516, and 2408515.
    Request Owner's contact information
    Fl-520 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
    Fl-520 Cocoa, FL 32922
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