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    520 King St Cocoa Cocoa, FL 32922

    For Lease
    Contact for pricing

    Prime Retail/Restaurant Space, High Traffic Area

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial property in Cocoa, Florida, offers 6,000 square feet of building space divisible to 2,000 square feet minimum, with a maximum contiguous space of 12,000 square feet. Located on SR 520 (W. King Street) with 207 feet of frontage, it boasts 40-65 parking spaces and is zoned BU-commercial, allowing for diverse uses including restaurants (with drive-thru potential), retail stores, and more. Built in 2023, this Class A property benefits from its proximity to I-95 (Exit 201), a major highway, and is situated across from a luxury apartment complex and near thousands of new residential units. The high-traffic location, near Cocoa Beach and Port Canaveral, ensures significant visibility and access to a large customer base. Land lease, build-to-suit, or potential sale options are available. The property's location in a rapidly growing area, with limited competition, presents a unique opportunity for businesses seeking high visibility and strong potential for success. The parcel number is 24-36-31-00-52, and the property is situated in the Cocoa-Rockledge submarket of Brevard County.

    Property Features for 520 King St Cocoa

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Class
    A

    Building Details

    Year Built
    2023
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    42,000 SF

    HighLights

    • High‑visibility 1‑acre lot, 1.5 miles from I‑95 Exit 201, offering exceptional access on SR 520.
    • Land lease or build‑to‑suit options available.
    • Over 200 feet of SR 520 frontage.
    • Minutes from I‑95 Exit 201.
    • High traffic count: 25,000 AADT.
    • Located in a rapidly growing area near the new Cocoa Grand Luxury Apartments (268 units).
    Property Profile Location Intelligence

    Current Use by Public Records

    Me Tires Transport Tire Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    BREVARD
    State
    Florida
    Longitude
    -80.760394
    Latitude
    28.356202

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Restaurant Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 520 King St Cocoa Cocoa, FL.
    What are key features of this property?
    This property features: High-visibility 1-acre lot, 1.5 miles from I-95 Exit 201, offering exceptional access on SR 520.; Land lease or build-to-suit options available.; Over 200 feet of SR 520 frontage.
    Request Owner's contact information
    520 King St Cocoa 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
    520 King St Cocoa Cocoa, FL 32922
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