Property profile

520 King St Cocoa Cocoa, FL 32922

OFF-MARKET
Retail properties & Spaces
6,000 SF 1 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional 1-acre commercial property in Cocoa, Florida, offers 6,000 square feet of building space divisible to 2,000 square feet minimum, with a maximum contiguous space of 12,000 square feet. Located on SR 520 (W. King Street) with 207 feet of frontage, it boasts 40-65 parking spaces and is zoned BU-commercial, allowing for diverse uses including restaurants (with drive-thru potential), retail stores, and more. Built in 2023, this Class A property benefits from its proximity to I-95 (Exit 201), a major highway, and is situated across from a luxury apartment complex and near thousands of new residential units. The high-traffic location, near Cocoa Beach and Port Canaveral, ensures significant visibility and access to a large customer base. Land lease, build-to-suit, or potential sale options are available. The property's location in a rapidly growing area, with limited competition, presents a unique opportunity for businesses seeking high visibility and strong potential for success. The parcel number is 24-36-31-00-52, and the property is situated in the Cocoa-Rockledge submarket of Brevard County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 6,000 SF
Lot 1 ac (43,560 SF)

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

520 King St Cocoa Cocoa, FL 32922
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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