Commercial Real Estate Market in Cocoa, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
209 active listings and 2,093 off-market properties in Cocoa, FL. Commercial property asks $278/SF to buy and $14.65/SF/Yr to lease.
Market Trends
Cocoa, FL spans 80.4 square miles in Brevard County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Cocoa, FL asks $316/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Cocoa, FL asks $316/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cocoa, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Cocoa, FL asks $255/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 50.1%
- Industrial 16.4%
- Commercial 12.4%
- Planned_development 8.5%
- Mixed use 3.6%
- Civic 1.7%
Largest Zones share of zoned land by district
Single Family Residential
Manufacturing And Industrial
Multiple Family Dwelling
Planned Unit Development
Zoning Not Assigned
Cocoa, FL zones 7,675 acres across 25 districts. Commercial zoning covers 12.4% of zoned land, residential 50.1% and industrial 16.4%. The largest single district is Single Family Residential at 27%. For commercial buyers the practical constraint is that only 28.8% of land carries a commercial or industrial designation.
Single Family Residential (RU-1-7)
This district are intended to apply to an area of medium density single-family residential development. Lot sizes and other restrictions are intended to promote high quality residential development.
Market overview
Demographics & Economy
Cocoa, FL has 66,612 residents in 31,306 households. Density runs 829 people per square mile. Median household income here is $67,654 and median gross rent $1,259 a month.
66,612
Population
31,306
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
80.4 sq mi
ZIP Area
829
Density / Sq Mi
$67,654
Median Household Income
$38,038
Median Earnings
$1,259
Median Rent
$237,771
Median Home Value
Tools
Lease vs Buy Breakeven
At $14.65/SF/Yr lease vs $278/SF buy → buying wins if held > 8.4 years.
The comparison uses county-wide sale comps against Cocoa asking rents, so the implied 5.3% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rockledge | $278 (county avg) | $15.36 |
| Merritt Island | $278 (county avg) | $13.76 |
| Cape Canaveral | $278 (county avg) | $26.20 |
| Cocoa Beach | $278 (county avg) | $27.86 |
Commercial property in Cocoa, FL asks $278/SF. The 4 bordering markets run from $278/SF in Rockledge to $278/SF in Rockledge, and the city sits in line with their $278/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cocoa?
Commercial property in Cocoa, FL asks an average of $278 per square foot. The 6 most recent recorded sales traded at a median of $207/SF, so asking sits 35% above the achieved median. Office carries the highest asking price at $316/SF.
How much does it cost to lease commercial space in Cocoa?
Asking lease rates in Cocoa, FL average $14.65 per square foot per year.
Is it cheaper to lease or buy commercial space in Cocoa?
Buying beats leasing in Cocoa, FL if the property is held longer than 8.4 years, comparing $14.65/SF/Yr asking rent with $278/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does Cocoa compare to nearby markets on price?
Cocoa, FL asks $278/SF against $278/SF in Rockledge, $278/SF in Merritt Island, $278/SF in Cape Canaveral and $278/SF in Cocoa Beach.
What zoning applies to commercial property in Cocoa?
Cocoa, FL zones 7,675 acres across 25 districts, of which 12.4% is commercial and 16.4% industrial. The largest single district is Single Family Residential at 27% of zoned land. This district are intended to apply to an area of medium density single-family residential development. Lot sizes and other restrictions are intended to promote high quality residential development. Residential zoning covers 50.1% and open space 0%.
Where does Realmo's Cocoa market data come from?
Realmo compiles Cocoa, FL figures from 8 recent recorded sales, 166 active sale listings, 43 active lease listings, 2,093 tracked off-market properties, the current Cocoa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 166 active for-sale and 43 active for-lease listings in Cocoa, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,675 zoned acres across 25 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
