000 Us 1 Hwy, Cocoa, FL 32927
This exceptional 1.15-acre commercial land parcel presents a remarkable investment opportunity in Cocoa, Florida. Located at 000 US Highway 1, this property boasts a coveted RU-2-4 zoning designation, opening doors to a variety of commercial ventures. The lot's size provides ample space for development, making it ideal for businesses seeking a prominent location with high visibility along a major thoroughfare. The property's APN is 24-36-06-00-45, and its address is 000 US 1 Hwy, Cocoa, FL 32927. Situated in Brevard County, this land offers easy access to key transportation routes and a thriving local economy. Noteworthy is the potential for expansion; combining this 1.15-acre parcel with an adjacent, separately listed .82-acre lot (APN not provided) would create a combined 1.97 acres with over 300 feet of frontage on US Highway 1. The adjacent lot is also zoned for Neighborhood Commercial use, further enhancing the development potential of this combined property. This prime location and flexible zoning make this an exceptional opportunity for astute investors seeking a strategic foothold in a growing market. The asking price for this 1.15-acre parcel is $200,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.