5275 Hwy, Cocoa, FL 32926
This exceptional 48,787 square foot commercial land parcel presents a remarkable investment opportunity in Cocoa, Florida. Strategically located on Highway 520, this property boasts convenient access to I-95, ensuring high visibility and easy accessibility for businesses. Currently zoned BU-2, the site is fully prepared for immediate development, eliminating lengthy permitting delays. An approved Brevard County construction permit is in place for a 10,000 square foot, single-story office/warehouse building, streamlining the construction process. The proposed building plan details a 23' 8" height, with a maximum allowable height of 35 feet, offering flexibility in design. Situated in a low-risk flood zone (X), this property mitigates potential flood-related concerns. The asking price is $399,000. This is an exceptional opportunity to acquire a ready-to-build commercial lot in a high-growth area with excellent infrastructure and accessibility. Don't miss this chance to capitalize on this prime location and begin construction immediately. The property's address is 5275 Highway 520, Cocoa, FL 32926.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.