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    926 Fay Blvd Cocoa, FL 32927

    Sponsored
    For Sale
    $672,500

    Prime Cocoa location, 1300 sq ft, $672,500

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 926 Fay Boulevard in Cocoa, Florida, presents a unique investment opportunity. The property encompasses a 1,300 square foot building situated on a substantial 34,848 square foot lot. Built in 1970, the structure is currently configured as a restaurant, offering immediate potential for continued operation in the food service industry or adaptable to a variety of other commercial uses. The expansive lot size provides ample space for expansion, outdoor seating, or additional development, subject to local zoning regulations. The property's prime location in Cocoa, Florida, within Brevard County, offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The asking price is $672,500. This represents a compelling opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment. The property's zip code is 32927. The geographic coordinates are latitude 28.4769118 and longitude -80.7780515. Serious inquiries are encouraged to explore this promising investment further. The property is classified as both retail and land.

    Property Features for 926 Fay Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    1,300 SF

    Building Details

    Year Built
    1970

    HighLights

    • $672,500 asking price.
    • 1,300 square foot retail building on a 34,848 square foot lot.
    • Located at 926 Fay Boulevard, Cocoa, FL 32927.
    • Built in 1970.
    • Suitable for restaurant or other commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Troy's Pizzeria Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7780515
    Latitude
    28.4769118

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    FAQs

    What type of property is this?
    Restaurant - Prime Cocoa location, 1300 sq ft, $672,500
    Where is this restaurant located?
    The property is located at 926 Fay Blvd Cocoa, FL.
    What is the asking price?
    The asking price for this property is $672,500.
    What are key features of this property?
    This property features: $672,500 asking price.; 1,300 square foot retail building on a 34,848 square foot lot.; Located at 926 Fay Boulevard, Cocoa, FL 32927.
    Request Owner's contact information
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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
    926 Fay Blvd Cocoa, FL 32927
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