1909 Unknown, Cocoa, FL 32922
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.
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
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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.