305 Laredo Dr, Cocoa, FL 32926
This exceptional 43.28-acre commercial property in Cocoa, Florida, presents a significant investment opportunity. Boasting 1,021 feet of frontage on Highway 520 and an additional 1,500 feet along Laredo Boulevard, this strategically located parcel offers unparalleled visibility and accessibility. The site includes 7.239 acres of upland commercial land, complemented by a 36.045-acre retention pond. Zoned C-W, the property benefits from readily available city water, sewer, and electric utilities. Its convenient location provides easy access to major highways and interstates, placing it within close proximity to shopping, entertainment, and residential areas. The property serves as the main entrance to the Cocoa Grand Apartments, further enhancing its desirability. Importantly, under the "Live Local Act," there's potential for conversion to multi-family residential use. A video showcasing the property and its surroundings is available. For detailed information regarding the Cocoa Grand Apartments, please visit their website at www.cocoagrand.com. This prime location and flexible zoning make this a truly remarkable opportunity for developers and investors alike.
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.