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    000 Us 1 Hwy Cocoa, FL 32927

    For Sale
    $200,000

    1.15 Acres, RU-2-4 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.15-acre commercial land parcel presents a remarkable investment opportunity in Cocoa, Florida. Located at 000 US Highway 1, this property boasts a coveted RU-2-4 zoning designation, opening doors to a variety of commercial ventures. The lot's size provides ample space for development, making it ideal for businesses seeking a prominent location with high visibility along a major thoroughfare. The property's APN is 24-36-06-00-45, and its address is 000 US 1 Hwy, Cocoa, FL 32927. Situated in Brevard County, this land offers easy access to key transportation routes and a thriving local economy. Noteworthy is the potential for expansion; combining this 1.15-acre parcel with an adjacent, separately listed .82-acre lot (APN not provided) would create a combined 1.97 acres with over 300 feet of frontage on US Highway 1. The adjacent lot is also zoned for Neighborhood Commercial use, further enhancing the development potential of this combined property. This prime location and flexible zoning make this an exceptional opportunity for astute investors seeking a strategic foothold in a growing market. The asking price for this 1.15-acre parcel is $200,000.

    Property Features for 000 Us 1 Hwy

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • $200,000 asking price.
    • 1.15‑acre commercial land parcel.
    • RU‑2‑4 zoning.
    • Located at 000 US 1 Hwy, Cocoa, FL 32927 (APN 24‑36‑06‑00‑45).
    • Combines with adjacent lot for over 300 ft of US‑1 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7674442
    Latitude
    28.4740031

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    FAQs

    What type of property is this?
    Land - 1.15 Acres, RU-2-4 Zoning
    Where is this land located?
    The property is located at 000 Us 1 Hwy Cocoa, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price.; 1.15-acre commercial land parcel.; RU-2-4 zoning.
    (321) 956-5006
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    000 Us 1 Hwy Cocoa, FL 32927
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    Cocoa, FL 32927
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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
    000 Us 1 Hwy Cocoa, FL 32927
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