3751 Highway 1, Cocoa, FL 32926
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.
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
Similar Nearby for Lease
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.