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    Land

    4550 Hwy, Cocoa, FL 32926

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    AI-generated overview

    This exceptional 111,514 square foot commercial and residential land parcel is strategically located at 4550 Highway 524 in Cocoa, Florida, zip code 32926. Situated in Brevard County, this property offers significant development opportunities due to its versatile zoning allowing for both commercial and residential uses. Cocoa boasts a population exceeding 20,000 residents and benefits from its proximity to key locations. Just 15 miles southwest lies the John F. Kennedy Space Center, while the Atlantic Ocean and Port Canaveral are approximately 9 miles to the east. Orlando is conveniently located 50 miles to the northwest, and Daytona Beach is 60 miles to the north. The property's central location within the county has fostered a diverse range of development over time, including educational institutions such as Cocoa High School, Eastern Florida State College, and the University of Central Florida's presence nearby. This prime location offers easy access to major transportation routes and a thriving community, making it an ideal investment for developers seeking a versatile and well-positioned land asset. The asking price for this significant property is $325,000.

    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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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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