Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Association Or Organization
Location
Value estimations
Owner & transaction history
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
Derived from the Cocoa market rent, vacancy and expense benchmarks for this use type.
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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning