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    OFF-MARKET
    Land

    305 Laredo Dr, Cocoa, FL 32926

    43.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 43.28 ac (1,885,277 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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