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    Palmetto Ave Cocoa, FL 32926

    For Sale
    $79,000

    Acre lot, $79K, buildable

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional one-acre commercial land parcel, encompassing 43,560 square feet, presents a remarkable opportunity in Cocoa, Florida. Located at 0 Palmetto Avenue, within the Canaveral Groves area, this property is zoned for agricultural residential use, offering considerable flexibility for development. The asking price is $79,000. A significant advantage is the absence of any online records indicating the property's location within a wetland or FEMA-designated flood zone. This significantly reduces potential environmental and insurance-related complications. The expansive lot size provides ample space for a variety of commercial ventures, making it an ideal investment for entrepreneurs and developers seeking a strategic location in a growing area. The property's address is 0 Palmetto Avenue, Cocoa, Florida, 32926. Its precise coordinates are latitude 28.4108044 and longitude -80.8315474. This is a rare opportunity to acquire a sizable, buildable lot in a desirable location at an attractive price point. Serious inquiries are encouraged.

    Property Features for 0 Palmetto Ave

    General Information

    Property type
    Land

    HighLights

    • One‑acre commercial lot (43,560 sq ft) in Cocoa, FL, priced at $79,000.
    • Located at 0 Palmetto Avenue in the Canaveral Groves area, zoned for agricultural residential use.
    • No wetland or FEMA flood zone designation.
    • Ample space for various commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.8315474
    Latitude
    28.4108044

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    FAQs

    What type of property is this?
    Land - Acre lot, $79K, buildable
    Where is this land located?
    The property is located at Palmetto Ave Cocoa, FL.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: One-acre commercial lot (43,560 sq ft) in Cocoa, FL, priced at $79,000.; Located at 0 Palmetto Avenue in the Canaveral Groves area, zoned for agricultural residential use.; No wetland or FEMA flood zone designation.
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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
    Palmetto Ave Cocoa, FL 32926
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