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Property profile & analytics
OFF-MARKET Estimated value $1,735,000
Strip malls

226 King St Cocoa, FL 32922-7940

29,249 SF 0.52 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-0680038
Property summary
AI-generated overview

This exceptional 1,540 square foot retail property is ideally situated in the vibrant heart of Cocoa Village, Florida, at 226 King Street, zip code 32922. Boasting a highly desirable single-tenant occupancy, this turnkey space presents a fantastic opportunity for businesses seeking immediate operation. The building has recently undergone updates, ensuring a move-in ready condition for the new tenant. The property sits on a sizable 0.52-acre lot (APN: 24-36-33-35-00000.0-0002.01), offering ample space and potential for future expansion or outdoor utilization. The property's classification includes both Retail and Land designations, providing flexibility for various commercial uses. Its strategic location within Cocoa Village guarantees high foot traffic, making it an attractive proposition for a wide range of businesses. The property is categorized as Commercial, with a single suite available. This presents a unique chance to establish a thriving business in a bustling and well-established community. The property's convenient location, combined with its updated condition and ample space, makes it an exceptional investment opportunity. The property's prime location in Cocoa Village ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a fully functional retail space in a thriving commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,249 SF
Lot 0.52 ac (22,651 SF)
Zoning code CBD
APN 24-36-33-35-00000.0-0002.01
UPID US18-0680038
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
  • Lily Pad Recording Recording Studio
  • Vencil W. Moore, P.A. Law Firm
  • Exchange Club Yellow Umbrella Social Service Agency Charitable Organization
  • 226 King Street Shopping Center & Mall
  • Club Nightlife LLC Smoke and Vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.39M
Blend (final) Blend
$1.74M
Owner & transaction history
Lamberly Enterprises LLC · 4 yrs held
Lamberly Enterprises LLC
since 2021
Last sale
$1.7M
7 recorded transactions
2023
Price N/A
2021
$1.7M
2017
Price N/A
2012
$325,000
2011
Price N/A
2009
Price N/A
2002
Price N/A
Zoning & alternative use
CBD · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district are intended to apply to the central commercial, professional, financial, governmental and civic core of the city as described in the comprehensive plan and which is entirely within a designated redevelopment area.

Zone name Central Business
General category CIVIC_INSTITUTIONAL
Zone area 45.14 ac
Source Realmo
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