000 Grissom Pkwy, Cocoa, FL 32927
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.
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
Similar Nearby for Sale
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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.