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    OFF-MARKET
    Retail properties & Spaces

    3720 3720 Blvd, Cocoa, FL 32927

    0.09 ac lot Built 2003
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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