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117 117 Ave Cocoa, FL 32922

OFF-MARKET Retail properties & Spaces Google Maps
0.69 ac lot Built 1956
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire a substantial retail space in the thriving Cocoa Village district of Brevard County, Florida. Situated on a 0.69-acre lot, this 19,000+ square foot building boasts unparalleled visibility with street frontage on all four sides. The property's Core Commercial (C-C) zoning provides significant flexibility, allowing for a diverse range of uses including retail establishments, restaurants, professional offices, and more. Ample onsite parking is available for customers and employees. The location is highly desirable, positioned at the gateway to Cocoa Village, a vibrant community boasting over 100 businesses, encompassing a mix of popular dining options, unique boutiques, wellness services, and entertainment venues. This makes it an ideal location for a new retail development, entertainment complex, or a mixed-use project capitalizing on the area's strong foot traffic and established commercial presence. The property's size and configuration allow for the potential to be divided into smaller, more manageable spaces, catering to a variety of tenants. This presents a unique investment opportunity to become part of Cocoa Village's continued growth and revitalization within one of Brevard County's premier shopping and entertainment destinations. The asking price is $2,400,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1956
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

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

Value estimations

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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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