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    1314 Clearlake Rd Cocoa, FL 32922

    Sponsored
    For Lease
    $9 SF/Yr ($10,963 /Mo)

    Multi-tenant office, retail, & industrial space in Cocoa, FL.

    Lot size:
    14,618 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    University Row, located at 1314 Clearlake Rd, Cocoa, FL 32922, presents a unique investment opportunity. This multi-tenant property boasts a total of 14,618 square feet across three single-story buildings on a 1.16-acre lot. The property features a mix of office, retail, and industrial spaces, catering to diverse business needs. With zoning designated BU-2 Commercial Mixed Use, the possibilities are extensive. The buildings, constructed in 1984, offer a total of eight available spaces ranging from 500 to 2,222 square feet. The property benefits from a 270 linear foot frontage and three convenient drive-in bays. Its strategic location near major roadways (520 and 528) provides easy access to Orlando and coastal communities. Furthermore, its proximity to Eastern State College, University of Central Florida, Florida Solar Energy, Blue Origins, Space X, Walmart Distribution Center, and Kennedy Space Center makes it an exceptionally desirable location for businesses seeking a vibrant and strategically advantageous position in Brevard County. The property's APN is 24-03-62-05-10000.0-0000.71.

    Property Features for 1314 Clearlake Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,618 SF
    Total Rate
    10963.5

    Building Details

    Year Built
    1984
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    1308 Unit A
    Size
    2,222 SF
    Rate per SF
    $12
    Space
    1308 Unit B
    Size
    2,018 SF
    Rate per SF
    $12
    Space
    1314 Unit 5
    Size
    800 SF
    Rate per SF
    $12
    Space
    1314 Unit 3
    Size
    800 SF
    Rate per SF
    $12
    Space
    1314 Unit 2
    Size
    800 SF
    Rate per SF
    $12
    Space
    Garage 1
    Size
    500 SF
    Rate per SF
    $9
    Space
    Garage 2
    Size
    500 SF
    Rate per SF
    $9
    Space
    Garage 3
    Size
    500 SF
    Rate per SF
    $9

    HighLights

    • Newly renovated units and building exteriors.
    • High‑visibility location with 270 feet of frontage.
    • Excellent location in a high‑density area near major roadways, universities, and aerospace employers.
    Property Profile Location Intelligence

    Current Use by Public Records

    King Caryn Acupuncturist MLTMS, INC.-One World ... Translation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7545681
    Latitude
    28.3788225

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant office, retail, & industrial space in Cocoa, FL.
    Where is this distribution property located?
    The property is located at 1314 Clearlake Rd Cocoa, FL.
    What is the lease rate?
    The lease rate is $9-$12 SF/Yr.
    What are key features of this property?
    This property features: Newly renovated units and building exteriors.; High-visibility location with 270 feet of frontage.; Excellent location in a high-density area near major roadways, universities, and aerospace employers.
    Request Owner's contact information
    1314 Clearlake Rd Cocoa, FL 32922
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    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
    1314 Clearlake Rd Cocoa, FL 32922
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