Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    131 Woodland Ave Cocoa Beach, FL 32931-2855
    Back to Search
    Property profile & analytics

    131 Woodland Ave, Cocoa Beach, FL 32931-2855

    View on Map
    • Warehouses
    • 4,242 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US19-0713585
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Beach woodland storage / Storage Facility

    Property Details for 131 Woodland Ave

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.35 lot acres
    Zone code
    CN
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    25-37-10-81-00109.A-0017.00
    APU
    2537108100109A001700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2007 $370,000 Barrie O Branson Cook,cecil C & Eva D Warranty Deed —
    — — Barrie O Branson — Deed Of Trust · related $170k · Eugene C & Dorothy F Branson

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $720,000
      6.5%
      $665,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $648,000
      Market price range: $367k - $897k
      AI Estimate
      $615,000
      Market price range: $160k - $956k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $530,000
      Current use
      OFFICE BUILDING
      $1,005,000
      Change: +89% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,005,000
      Change: +89% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $885,000
      Change: +66% Conversion: Easy
      RETAIL STORES
      $680,000
      Change: +28% Conversion: Moderate
      MEDICAL BUILDING
      $660,000
      Change: +24% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $585,000
      Change: +10% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6118
    Latitude
    28.3208
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,198
    $91,500
    $219,840
    $311,340
    -
    $91,500
    $219,840
    $311,340

    Comparable in this City

    • Value Estimation by Request
      260 SF

      75 Brevard Ave, Unit 6

      MINI-WAREHOUSE, STORAGE
      75 Brevard Ave, Cocoa Beach, FL 32931-2735
      View Details
    • Value Estimation by Request
      260 SF

      75 Brevard Ave, Unit 7

      MINI-WAREHOUSE, STORAGE
      75 Brevard Ave, Cocoa Beach, FL 32931-2735
      View Details
    • Value Estimation
      $1,055,000
      5,520 SF

      120 Manatee Ln

      MINI-WAREHOUSE, STORAGE
      120 Manatee Ln, Cocoa Beach, FL 32931-3304
      View Details
    • Value Estimation by Request
      2,490 SF

      175 Brevard Ave

      MINI-WAREHOUSE, STORAGE
      175 Brevard Ave, Cocoa Beach, FL 32931-2737
      View Details
    • Value Estimation by Request
      2,704 SF

      160 Woodland Ave

      MINI-WAREHOUSE, STORAGE
      160 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • Value Estimation by Request
      50 SF

      75 Brevard Ave, Unit 1A

      MINI-WAREHOUSE, STORAGE
      75 Brevard Ave, Cocoa Beach, FL 32931-2735
      View Details

    Similar Nearby for Sale

    • $2,800,000

      Cocoa Beach Commercial Property

      Oceanfront Warehouse & Offices, High Visibility
      1900 Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $1,950,000

      Versatile Warehouse Near Atlantic Ocean

      18,000 SF mixed-use industrial building across from the Atlantic Ocean.
      1900 S Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $1,950,000
      16,606 SF

      Mixed-Use Building Near Atlantic Ocean

      18,000+/- SF mixed-use building in Cocoa Beach, Florida.
      1900 S Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Cape Canaveral Vacant Land Opportunity

      1.85 acres of vacant land near Port Canaveral.
      000 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      8,177 SF

      Cocoa Beach Boutique Rental Complex

      Turnkey, fully renovated 13-unit short-term rental complex near Cocoa Beach.
      637 S Orlando Ave, Cocoa Beach, FL 32931
      View Details

    Similar Nearby for Lease

    • $750 /Mo

      Commercial Space in Cocoa Beach

      Shop and office spaces available for rent in Cocoa Beach.
      102 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Publix-Anchored Retail Space Available

      Retail spaces available in Publix-anchored Cornerstone Shopping Center.
      5645 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      950 SF

      Cocoa Beach Office Suites Available

      Office and medical suites for lease in Cocoa Beach.
      503 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Furnished Office in Cocoa Beach

      Move-in ready, fully serviced private office within a coworking space.
      1980 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Retail Space in Cocoa Beach

      Single tenant retail space available for rent in Cocoa Beach.
      1727 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $12 SF/Yr
      297 SF

      Retail Space in Cocoa Beach

      Retail space available for lease in Brevard County.
      1980 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131 Woodland Ave
    Cocoa Beach, FL 32931-2855
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    131 Woodland Ave, Cocoa Beach, FL, 32931
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!