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    700 West Ave Cocoa, FL 32927

    For Lease
    $12 SF/Yr

    Prime 2,538 sq ft Retail Space

    Lot size:
    2,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,538 square foot retail property, situated on a 1.22-acre lot, presents a unique investment opportunity. Located at 700 West Avenue, this single-tenant space previously operated as a tavern, offering a ready-made layout with significant existing features. The property boasts two bathrooms and a walk-in cooler, along with a large bar already in place, representing substantial cost savings for potential tenants. The building's North end unit location offers excellent visibility and accessibility. The expansive 1.22-acre lot provides ample space for potential expansion or outdoor amenities, adding significant value and flexibility. This property is ideal for a variety of retail concepts, benefiting from its established infrastructure and prime location. The existing bar and cooler are significant assets for businesses requiring such facilities, minimizing initial setup costs and allowing for a quicker return on investment. The single-tenant occupancy simplifies management and provides a clear revenue stream. This is a rare opportunity to acquire a well-located, established retail space with significant potential for growth and customization. The property's size and features make it suitable for a range of businesses seeking a turnkey solution in a desirable location. Serious inquiries are encouraged.

    Property Features for 700 West Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,538 SF

    Unit(s) available at that property

    Space
    700
    Size
    2,538 SF
    Rate per SF
    $12

    HighLights

    • 1.22‑acre commercial land parcel suitable for retail development.
    • Single‑tenant retail building totaling 2,538 square feet.
    • Previously operated as a tavern, featuring two bathrooms, a walk‑in cooler, and an existing bar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Patrick's Pub Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7682223
    Latitude
    28.474057

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    FAQs

    What type of property is this?
    Land - Prime 2,538 sq ft Retail Space
    Where is this land located?
    The property is located at 700 West Ave Cocoa, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1.22-acre commercial land parcel suitable for retail development.; Single-tenant retail building totaling 2,538 square feet.; Previously operated as a tavern, featuring two bathrooms, a walk-in cooler, and an existing bar.
    Request Owner's contact information
    700 West Ave 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
    700 West Ave Cocoa, FL 32927
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