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Property profile & analytics
FOR SALE
Turn key restaurants

1552 W King St Cocoa, FL 32926

7,286 SF 1.37 ac lot Built 1980
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US18-4616165
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,286 SF
Lot 1.37 ac (59,677 SF)
APN 24-36-31-00-00076.0-0000.00
UPID US18-4616165
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kay's Real Pit Bar-B-Q Restaurant
  • Chapter FL2-N Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Juan Azpiri
Juan Azpiri
since 2025
5 recorded transactions
2025
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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