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3440 Hwy 1 Hwy Cocoa, FL 32926

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 66,211 square foot commercial land parcel is strategically located on the east side of Highway US-1, just north of Highway 528 (Beachline Expressway) in Cocoa, Florida, zip code 32926. Its prime location offers unparalleled access to major transportation arteries. The Beachline provides convenient eastbound access to Port Canaveral and Brevard County's beautiful beaches, while westbound access leads to I-95 and Orlando. Northbound travel on US-1 leads directly to State Road 405, the main entrance to the Kennedy Space Center. This proximity to the Kennedy Space Center positions this property within a thriving aerospace and high-tech corridor, benefiting from the presence of major industry players such as Boeing, Lockheed Martin, Space X, Blue Origin, Airbus, and OneWeb Satellites. Furthermore, the impending arrival of Terran Orbital, a leading innovator in nano and micro-satellites, is anticipated to bring 2,100 new jobs to the area by the end of 2025, further enhancing the long-term growth potential of this investment opportunity. The asking price for this significant commercial land holding is $425,000. This presents a rare chance to acquire a substantial property in a rapidly developing area with exceptional connectivity and future growth prospects.

Property profile

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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

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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