Property profile

5370 Us-1 Cocoa, FL 32927

OFF-MARKET
Restaurants
2,298 SF 0.97 ac lot
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Property summary

AI-generated overview

This exceptional restaurant opportunity presents a thriving business situated on a 0.97-acre lot in desirable Brevard County. The River View Tiki Bar boasts a total building size of 2,298 square feet, offering both interior and expansive exterior patio dining areas. Its strategic location draws significant customer traffic, benefiting from proximity to popular tourist destinations such as Cocoa Beach, the Kennedy Space Center Visitor Complex, and the historic Cocoa Village. The property is zoned BU-1, providing flexibility for continued operation as a restaurant or potential for future development. The single-tenant occupancy simplifies management and offers immediate revenue potential. This turnkey operation is ready for a new owner to capitalize on its established reputation and prime location within a vibrant community that enjoys a consistent blend of local and tourist patronage. The property's parcel number is 23-36-30-BI-B-2. This is a rare opportunity to acquire a well-established restaurant with significant growth potential in a high-traffic area. The combination of riverfront views, ample seating, and convenient location makes this a truly unique and attractive investment. The property's size and zoning offer considerable flexibility for a new owner to expand or adapt the business to meet evolving market demands. Don't miss this chance to own a piece of Brevard County's thriving hospitality scene.

Property profile

Verified
Property type Restaurants
Total area 2,298 SF
Lot 0.97 ac (42,253 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5370 Us-1 Cocoa, FL 32927
Cocoa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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