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0 Hwy 524-Friday Rd Cocoa, FL 32926

OFF-MARKET Land Google Maps
19.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 19.5-acre commercial land parcel in Cocoa, Florida, presents a significant investment opportunity. Strategically located with prominent frontage on Interstate 95 and State Road 524, this property offers unparalleled visibility and accessibility. The land is comprised of three parcels, totaling 19.5 acres, according to Brevard County Tax Roll. Parcel #1 (Account #: 2407123) encompasses approximately 5.09 acres, Parcel #2 (Account #: 2407979) includes approximately 14.21 acres (with a 3.80-acre wetland area), and Parcel #3 (Account #: 2407127) covers approximately 0.2 acres. The property boasts significant road frontage: approximately 573 linear feet on State Road 524, 1,381 linear feet on I-95, and 835 linear feet on Friday Road. Zoned C-G Commercial, the property allows for a wide range of commercial uses, mirroring the allowances in P-S Professional Service Districts and C-N Neighborhood Commercial Districts, excluding residential uses and childcare centers. Convenient access is provided by its adjacency to State Road 524, a major thoroughfare featuring a signalized turning lane at the southeast corner of SR 524 and Friday Road. The asking price for this prime commercial land is $2,950,000. This property's high visibility, substantial acreage, and strategic location make it ideal for a variety of commercial developments.

Property profile

Verified
Property type Land
Lot 19.5 ac (849,420 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

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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