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- SEQ Us Hwy 1 & Cottrell Ave Sharpes, FL 32927

OFF-MARKET Land Google Maps
12.39 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 12.39-acre commercial land parcel presents a unique investment opportunity in Cocoa, Florida. Strategically located on US Highway 1 and Cottrell Avenue, this property boasts 568+/- linear feet of US Highway 1 frontage and 370+/- feet of Indian River frontage. The site comprises seven contiguous parcels, offering significant development potential. The property is zoned RU-2-10, allowing for various uses including multifamily dwellings, duplexes, and resort dwellings, subject to Brevard County development standards. Maximum building height is 35 feet, with a density of 5 dwellings per acre. City of Cocoa water is available

Property profile

Verified
Property type Land
Lot 12.39 ac (539,708 SF)

Cap rate & NOI

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

Value estimations

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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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