628 Kings St Cocoa, FL 32922
This exceptional commercial property, located at 628 W Kings Street in Cocoa, Florida (zip code 32922), presents a unique investment opportunity. The 36,590.4 square foot lot houses a single-story, 1985-built retail building currently operating as a car dealership. The building features a substantial 40 x 60 foot shop with three vehicle lifts (one 12,000 lb capacity, two 9,000 lb capacity), engine racks, and an air compressor. Two large bays are accessible via overhead doors (one 14' high x 20' wide, the other 14' high x 12' wide). Office space and two half-bathrooms are also included. The property sits on a highly visible, popular street within a designated opportunity zone, offering potential tax advantages for investors. Multiple ownership options are available, including outright purchase, seller financing, lease-to-own, and leasing. The existing business may also be acquired separately. This almost acre-sized lot provides immense flexibility for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.