Freestanding Storefront
91 Forrest Ave, Cocoa, FL 32922
For Sale
$750,000
C-C zoning and a standalone configuration define this commercial retail property.
Property Size3,264 SF
Price / SF$229.78
Days on Market94
Property Features for 91 Forrest Ave
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Corner Location
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Lightle Beckner Robison, Inc.
Listed By:
Vitor De Sousa, CCIM · License #FL #BK3478927
(321) 419-9088
Source:
Teamlbr
Added: Aug 8
Changed: Oct 26
Last Checked: Nov 8 at 2:52AM
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 Lightle Beckner Robison, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 91 Forrest Ave in Cocoa, Florida, this freestanding storefront property contains 3,264 square feet of commercial space. The building dates to 1972 and is identified for commercial use under C-C zoning.
The property is positioned in the Cocoa area and is offered for sale. Its standalone format and retail-oriented classification provide a straightforward commercial building profile for ownership or occupancy considerations.
The property is positioned in the Cocoa area and is offered for sale. Its standalone format and retail-oriented classification provide a straightforward commercial building profile for ownership or occupancy considerations.
Key Highlights
- 3,264 SF freestanding storefront property
- Built in 1972
- C‑C zoning for commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,631
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,620
$752.6K
Cap Rate 7%
$537,586
$537.6K
Cap Rate 9%
$418,122
$418.1K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$58.8K $18.00/SF
− Vacancy
−$5.0K −$1.53/SF
EGI
$53.8K $16.47/SF
− OpEx
−$16.1K −$4.94/SF
NOI
$37.6K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,620
Cap Rate 7%
$537,586
Cap Rate 9%
$418,122
Alternative Uses
Best Use
Retail
$537.6K
$470.4K – $627.2K
NOI $37,631 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.1K
$753.5K – $1.00M
NOI $60,280 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 29%
Home Improvements & Furnishings 1%
Truist
Shops & Services
5,407 visits/mo
0.3 miles
Mobil
Shops & Services
5,378 visits/mo
0.2 miles
Chase Bank
Shops & Services
4,545 visits/mo
0.3 miles
Dunkin' Donuts
Dining
4,408 visits/mo
0.2 miles
El Charro
Dining
2,948 visits/mo
0.5 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
$176,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Brevard County, FL
Properties on Market for Storefront properties in Brevard County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Carousel Florist — 990 Rockledge Blvd, Rockledge, FL 32955
- A Basket Of Love Florist — 812 S Cocoa Blvd, Cocoa, FL 32922
- Patinaed & Co — 631 Brevard Ave AB, Cocoa, FL 32922
- Deluxe Flowers — 646 Brevard Ave, Cocoa, FL 32922
Frequently Asked Questions
What type of property is this?
Storefront property - C-C zoning and a standalone configuration define this commercial retail property.
Where is this storefront property located?
The property is located at 91 Forrest Ave Cocoa, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,264 SF freestanding storefront property; Built in 1972; C‑C zoning for commercial use
