625 629 Cocoa, FL 32922
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 625 629
- Year built
- 1951
- Lot size
- 0.38 lot acres
- Property size
- 3,978 SF
- Property type
- Retail properties & Spaces
Description
This exceptional 3,978 square foot retail property, located at 625 Brevard Avenue, Units 627 & 629 in Cocoa, Florida, presents a unique investment opportunity in the heart of Cocoa Village. Boasting prime frontage on Brevard Avenue, this space offers unparalleled visibility and accessibility. The property features attractive glass storefront offices ideal for showcasing merchandise or services, complemented by ample on-site parking for customers and employees. The layout includes a large front area, conveniently situated bathrooms, and substantial storage space in the rear. This versatile space is perfect for a variety of retail businesses seeking a high-traffic location within a thriving community. The 0.38-acre lot offers significant potential for future development. The site is already zoned for a range of uses, including office space, hotel, assisted living facility (ALF), and other possibilities, with entitlements already completed. Development plans have been explored, indicating potential for up to 77 ALF beds or 48 hotel units, in addition to condo apartments, showcasing the property's significant long-term growth potential. This is an exceptional opportunity to establish a business in a vibrant and growing area, or to capitalize on the significant future development possibilities. The asking price is $1,450,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cocoa
- County
- Brevard
- State
- Florida
- Longitude
- -80.7265
- Latitude
- 28.3517
