Property profile

4404 Highway 1 Cocoa, FL 32927

OFF-MARKET
Retail properties & Spaces
Built 1993
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Cocoa, Florida. Located at 4404 N Highway 1, this offering encompasses a 2,000 square-foot retail building constructed in 1993, situated on a substantial 16,552.8 square-foot lot. The property's strategic location provides excellent visibility on a major highway within a rapidly growing corridor, ensuring high traffic volume and potential for significant returns. This sale includes three parcels (23-36-31-00-9 & 23-36-31-00-9.1), totaling approximately four acres of land, offering ample space for expansion, development, or future business ventures. The existing building provides immediate income potential, while the expansive land offers significant upside for long-term growth. The asking price for this combined property is $549,900. Note that this is a sale of three parcels together, with a combined previous listing price of $1,145,700.00. This represents a compelling opportunity to acquire a substantial commercial property in a prime location at a significantly reduced price. The property is zoned for commercial use and is ready for immediate occupancy or redevelopment. This is an ideal investment for entrepreneurs and developers seeking a high-visibility location with significant development potential. The property's size and location make it suitable for a wide range of commercial uses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1993

Cap rate & NOI

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

Location

4404 Highway 1 Cocoa, FL 32927
Cocoa metro
Google Maps

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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