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    OFF-MARKET
    Land

    1909 Unknown, Cocoa, FL 32922

    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.8-acre commercial property, located at 1909 Unknown in Cocoa, Florida, presents a compelling investment opportunity. The expansive 384,199 square foot lot sits on a prominent corner, boasting high visibility at the intersection of Pineda and Columbia. Currently zoned RU 1-7, this land offers significant potential for multifamily development, allowing for a medium density of 7 residential units per acre. The property's classification includes Commercial, Apartment Building, and Residential uses, making it highly versatile and attractive to a range of developers. The asking price is $299,000, representing a significant value proposition given the land size, location, and zoning potential. This prime location in Brevard County, Florida, zip code 32922, offers easy access to major roadways and amenities, further enhancing its appeal. The property's coordinates are 28.37512 latitude and -80.7380716 longitude. This is an ideal opportunity for investors seeking to capitalize on the growing demand for residential units in a thriving Florida market. Serious inquiries are encouraged to explore the full potential of this remarkable investment.

    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
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    Permitted uses
    Allowed · conditional · prohibited
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