Property summary
This single-tenant, 6,000-square-foot industrial warehouse in Cocoa, Florida, presents a compelling investment opportunity. Currently 100% occupied with a lease expiring February 28, 2026, the property boasts a strong 8.83% cap rate and a $55,520 net operating income (NOI). The asking price is $629,000, translating to $104.83 per square foot. The building features approximately 60' x 100' dimensions, estimated 14' - 16' clear ceiling height, and two 12' wide x 14' tall grade-level doors. Utilities include city water/sewer and 3-phase 400-amp electrical service. The property is zoned City of Cocoa Wholesale Commercial (C-W), allowing for diverse uses including warehousing, storage, automotive, and manufacturing. A 5% annual rent escalator is in place, and the lease includes one 3-year renewal option with a landlord termination option. The 0.28-acre lot is conveniently located in Brevard County, offering easy access to major transportation arteries like Interstate 95 and US1, as well as proximity to Port Canaveral, Cocoa Beach, Kennedy Space Center, and Orlando International Airport. The property is privately owned and seller financing may be considered. The building is currently occupied
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Discount Store
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Hardware & Home Improvement Furniture & Home Goods
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Auto Repair Shop
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CW · Cocoa, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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