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    Land

    000 Grissom Pkwy, Cocoa, FL 32927

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    Property summary
    AI-generated overview

    This exceptional 54,450 square foot lot, located at 000 Grissom Parkway in Cocoa, Florida (zip code 32927), presents a unique opportunity for both commercial and residential development. Priced at $125,000, this property offers significant potential. The land is zoned RR-1 and is already platted for a single-family residential home, making it ideal for those seeking to build a custom residence in a secluded setting near the desirable Canaveral Groves area. The property is high and dry, ready for clearing and construction. Note that this parcel must be purchased with Tax Account 2322365. The combined acreage totals 3.74 acres. A roadway easement is available when combined with the adjacent 2.49-acre parcel to the south. A building development plan (BDP) has already been completed for this parcel, streamlining the building process. This prime location in Brevard County offers a blend of tranquility and convenience, making it an attractive investment for discerning buyers. The property's size and zoning provide flexibility for various development options.

    Property profile
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    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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