Property profile

1060 Cox Rd Cocoa, FL 32926

OFF-MARKET
Warehouses
Property ID
US18-4327602
37,558 SF 5.12 ac lot Built 2001
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8-acre industrial property in Cocoa, Florida, offers a unique blend of manufacturing, warehousing, and outside storage capabilities. The site comprises three parcels, all fully fenced for enhanced security. The main structure boasts 34,480 square feet of warehouse space, featuring an impressive 80-foot clear span, 22-24-foot ceiling heights, and eighteen drive-in doors. Power is robust, with 2,000 amps of 3-phase 480V service. In addition to the warehouse, the property includes approximately 4,700 square feet of office space and a 1,500-square-foot mobile home, suitable for on-site security or additional office needs. A second building, situated on a separate approximately 3-acre lot, provides an additional 5,040 square feet of mixed-use space, combining office and manufacturing areas. This building features 600 amps of 480V 3-phase power and a 12-foot clear height, along with four 10x10 grade-level overhead doors. The entire property totals 44,220 square feet under roof, built in 2001 and renovated in 2020. The property is zoned for light industrial use and is conveniently located at 1060 Cox Rd, Cocoa, FL 32926, in the Cocoa submarket of Brevard County. This versatile facility is perfectly suited for a variety of industrial uses, including manufacturing, fabrication, outside storage, and warehousing. The property's size, features, and location make it an attractive opportunity for businesses seeking a well-equipped and secure industrial space. The APN is 24-35-26-00-00016.0-0000.00.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 2001
Construction STEEL FRAME
Total area 37,558 SF
Lot 5.12 ac (223,027 SF)
Zoning code IU
APN 24-35-26-00-00016.0-0000.00
UPID US18-4327602

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
  • Industrial Manufacturer Production Facility
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Location

1060 Cox Rd Cocoa, FL 32926-4237
Cocoa metro Census 62500 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.93M
CAP Approach CAP
$3.98M
Comparable Approach Comparable
$3.59M
Blend (final) Blend
$3.91M

Owner & transaction history

since 2023
Last sale
$4.5M
7 recorded transactions
2023
$4.5M
2020
Price N/A
2015
Price N/A
2008
Price N/A
2005
Price N/A
1999
$35,700
1969
Price N/A

Zoning & alternative use

IU · Cocoa, FL
Top alternative use upside
Medical building $5.8M +58.4%
Office building $5.8M +56.6%
Retail stores $5.1M +39.2%

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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