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Property profile & analytics

1552 King St Cocoa, FL 32926-5120

  • Turn key restaurants
  • 7,286 SF
  • 1.37 lot acres
OFF-MARKET
Value Estimation
$345,000
Location Intelligence
Property ID
US18-4616165
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.

Current Use by Public Records

  • Kay's Real Pit Bar-B-Q / Barbecue Restaurant
  • Chapter FL2-N / Association Or Organization

Property Details for 1552 King St

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.37 lot acres
Property size
7,286 SF
Property type
Turn key restaurants
APN
24-36-31-00-00076.0-0000.00
APU
9223372036854775807

Description

This exceptional commercial property, located at 1552 W King Street in Cocoa, Florida, presents a lucrative investment opportunity. The property, encompassing a substantial 59,677.2 square feet lot, features a well-established restaurant building constructed in 1980. The single-unit structure is ideally situated on a major thoroughfare in a prime location near residential areas, ensuring high visibility and consistent foot traffic. Its proximity to I-95 provides easy access for customers and employees alike. The asking price for this turnkey retail and land opportunity is $4,900,000. This presents a rare chance to acquire a thriving business in a high-demand area of Brevard County. The property's size and location make it suitable for a variety of commercial uses, offering significant potential for future growth and development. The existing restaurant provides a solid foundation for immediate income generation, while the expansive lot allows for potential expansion or redevelopment. This is an excellent investment for both private buyers and investors seeking a strong return on their investment in a desirable Florida location. The property's zip code is 32926. The coordinates are 28.3562465 latitude and -80.7565503 longitude.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $335,000
  • CAP approach

    CAP return
    Estimation
    6%
    $395,000
    6.5%
    $450,000
    7%
    $450,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $360,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $365,000
    Retail
    $455,000
    Mixed-Use
    $405,000
    Hospitality
    $375,000
    Educational
    $360,000
    Residential Income
    $365,000
    Energy
    $355,000
    Income-Based Land
    $415,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
Cocoa
County
Brevard
State
Florida
Longitude
-80.7567
Latitude
28.3562
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
$11,325
$238,080
$399,750
$637,830
-
$238,080
$399,750
$637,830
More about this property
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