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1174 Fay Blvd Cocoa, FL 32927

OFF-MARKET Office Spaces Google Maps
Built 1960
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1-story, 1960-built office building in Cocoa, Florida, is situated on a spacious 15,681.6 sq ft corner lot at 1174 Fay Boulevard, zip code 32927. Boasting high visibility and a prestigious address, this property is perfect for a variety of businesses. The building features ample parking for clients and staff, a covered drive-up entrance with an ADA-compliant ramp, and a separate entrance offering potential for co-tenancy income. Enhancements include a large lighted marquis sign with a letter board and two additional spaces for electrical business signage. Recent renovations (2023-2024) encompass interior and exterior repainting, a roof replacement, and the replacement of the main sewer line from the building to the septic system with PVC piping. The main bathroom fixtures were also replaced in 2023, and the kitchen area now includes a newly installed tankless water heater. Further improvements include septic system pumping in 2023 and termite treatment in April 2024. A lease-purchase option is available; details are available upon request. This turnkey opportunity presents a compelling investment in a thriving Florida location.

Property profile

Verified
Property type Office Spaces
Year built 1960

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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