226 King St, Unit 160 Cocoa, FL 32922
- Strip malls
- 29,249 SF
- 0.52 lot acres
Current Use by Public Records
- Lily Pad Recording / Recording Studio
- Vencil W. Moore, P.A. / Divorce Lawyer / Family Law Attorney
- Exchange Club Yellow Umbrella / Social Services Organization
- 226 King Street / Shopping Mall
- Club Nightlife LLC Smoke and Vape / Vaporizer Store / Bar & Grill
Property Details for 226 King St
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.52 lot acres
- Property size
- 29,249 SF
- Zone code
- CBD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 24-36-33-35-00000.0-0002.01
- APU
- 9223372036854775807
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,745,000
- 7%
- $1,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,655,000
- Geo Method
- $1,705,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,700,000
- Retail
- $1,480,000
- Mixed-Use
- $1,460,000
- Hospitality
- $1,755,000
- Educational
- $1,495,000
- Residential Income
- $1,905,000
- Energy
- $1,430,000
- Income-Based Land
- $1,635,000
- Food Service
- $1,505,000
Location Insight
- Map
- Local Demand
- City
- Cocoa
- County
- Brevard
- State
- Florida
- Longitude
- -80.7275
- Latitude
- 28.3562
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
