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    Land

    5275 Hwy, Cocoa, FL 32926

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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