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    Land

    0000 Us 1 Hwy, Cocoa, FL 32927

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    Property summary
    AI-generated overview

    This exceptional 0.68-acre commercial land parcel, located at 0000 N US 1 Highway in Cocoa, Florida, presents a unique investment opportunity. Priced at $105,000, this property boasts 29,621 square feet of land with significant US-1 highway frontage. Currently zoned Agricultural Residential (AU), the front half of the lot is designated for Neighborhood Commercial (NC) future land use, while the rear portion is zoned Residential-1 (Res-1). This strategic location offers many development possibilities. Note that this parcel can be combined with two adjacent lots for sale to create a larger 3.63-acre site. One adjacent lot (2317746) encompasses 2.52 acres and is listed at $300,000, also zoned AU with NC future land use on the front half and R-1-1 on the rear. Another adjacent lot (2318875) is 0.43 acres, priced at $125,000, and is currently zoned BU-1 with NC future land use. The zip code for this property is 32927, located in Brevard County. The coordinates are latitude 28.4676072 and longitude -80.8211696. This property is ideal for investors seeking high-visibility commercial land in a rapidly developing area.

    Property profile
    Verified
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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