Property profile

3720 3720 Blvd Cocoa, FL 32927

OFF-MARKET
Retail properties & Spaces
0.09 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional investment opportunity presents two combined end-unit retail spaces totaling 1342 square feet, ideally situated within the Horizon Shopping Center in Cocoa, Florida. Located at a busy intersection in the centrally located Port St. John area, this property boasts high visibility and excellent access for customers. The combined units feature two bathrooms, a convenient front entrance, and a separate side entrance perfect for efficient deliveries. The sale includes valuable restaurant equipment, such as an exhaust hood, hand sinks, a large three-compartment wash sink, and a spacious walk-in refrigerator, making it an ideal turnkey operation for a food service business. Currently, the monthly common area maintenance (CAM) fee for both units is $580, which includes water and trash services. Adding to the value proposition, a new roof is being installed for the entire plaza in the current year, eliminating significant future capital expenditures. The property sits on a 0.09-acre lot, offering ample space for outdoor seating or other potential uses. This is a rare chance to acquire a well-equipped, high-traffic retail space in a thriving commercial area. The asking price for this turnkey opportunity is $312,000. Don't miss this chance to secure a strong return on your investment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2003
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3720 3720 Blvd Cocoa, FL 32927
Cocoa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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