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    OFF-MARKET
    Mixed-use properties

    3751 Highway 1, Cocoa, FL 32926

    672 SF 31.98 ac lot Built 1997
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving, family-owned cemetery spanning over 30 acres in Cocoa, Florida. The property, located at 3751 N Highway 1, encompasses 672 square feet of mixed-use buildings on a 31.98-acre lot. Currently operating as a licensed and dedicated perpetual care cemetery, it boasts over 15 acres of available grave sites and includes all necessary equipment for continued operation. A portion of each plot sale is placed in a trust fund, ensuring ongoing maintenance of the well-maintained memorial space. The property's zoning is primarily Institutional Use, with a smaller section designated BU-2 Commercial, opening possibilities for expansion. A significant advantage is the potential to construct an on-site crematorium and funeral home, further enhancing revenue streams. Recent upgrades have been implemented to boost sales and profitability, contributing to the consistent, reliable income generated over its 30+ year history. The seller is open to financing options, requiring a 20% to 25% down payment. This presents a rare chance to acquire a well-established business with substantial growth potential in a desirable location. High and dry grounds ensure ease of maintenance and operation.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1997
    Total area 672 SF
    Lot 31.98 ac (1,393,049 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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