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    University Ln Cocoa, FL 32922

    Sponsored
    For Sale
    $299,000

    Prime 31K sq ft lot, ideal for retail or office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional investment opportunity presents 31,363 square feet of vacant commercial land located at 0 University Lane, Cocoa, Florida, 32922. Zoned CN Neighborhood Commercial, this property is perfectly situated for a variety of commercial uses, including office space or retail establishments. Its strategic location offers significant advantages. The land is directly adjacent to a condo complex, providing immediate access to a residential population. Furthermore, it's just one block away from Florida East Coast University, ensuring a steady stream of potential customers and employees. A major retail anchor, a Wal-Mart Supercenter, is conveniently located only a quarter-mile away, further enhancing the property's desirability and potential for high foot traffic. Adding to its appeal, this property is situated within a Small Business Administration (SBA) HUBZone, potentially opening doors to federal contracting opportunities and various SBA benefits. The asking price for this remarkable parcel is $299,000. This presents a compelling opportunity for investors seeking a high-growth potential location in a thriving area. Don't miss out on this chance to acquire a prime piece of commercial real estate in Cocoa, Florida.

    Property Features for 0 University Ln

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7522395
    Latitude
    28.3872414

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    FAQs

    What type of property is this?
    Land - Prime 31K sq ft lot, ideal for retail or office.
    Where is this land located?
    The property is located at University Ln Cocoa, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    Request Owner's contact information
    University Ln 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
    University Ln Cocoa, FL 32922
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