3751 Highway 1, Cocoa, FL 32926
Exceptional investment opportunity in Cocoa, Florida, featuring a thriving, established cemetery business on over 30 acres of land. The property includes approximately 15 acres of available grave sites, operational equipment, and a dedicated, state-licensed team. Zoned Institutional Use, with a portion zoned BU-2 Commercial, allowing for potential expansion, such as constructing an on-site crematorium. Recent upgrades have boosted sales and profitability. This second-generation family business boasts a 30+ year history of serving the community, featuring well-maintained grounds and a perpetual care trust ensuring long-term maintenance. The 1,335,985.2 sq ft lot offers significant development potential. The seller may consider financing with a 20-25% down payment. This turnkey operation provides a steady, reliable income stream and a unique opportunity for growth. The property consists of two units, built in 1997, and is priced at $899,000.
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.
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.