2840 King St Cocoa, FL 32926
- Warehouses
- 1.89 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2840 King St
- Year built
- 2009
- Lot size
- 1.89 lot acres
- Zone code
- BU2
- Property type
- Warehouses
- APN
- 24-35-36-00-00041.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional Cocoa, Florida commercial property offers a unique investment opportunity. Priced at $1,300,000, this 2.58-acre site boasts a 4,000 square-foot building with four roll-up garage doors, a 16' high steel covered area, and workshop space. The building, constructed in 1986, features three offices, two bathrooms, and has recently undergone significant renovations including new interior walls, drywall, exterior paint, bathrooms, electrical work, and interior framing. Additional improvements include a new septic system and drain field, a paint booth, and a backup generator. The property also includes a milled parking lot and a fenced and gated rear section. The site benefits from direct SR 520 frontage, providing excellent visibility and accessibility. Currently generating over $8,000 in monthly income from multiple tenants, this property presents substantial upside potential. The lot size is 112,384.8 square feet (approximately 2.58 acres), with one parcel measuring 0.69 acres and the other 1.89 acres. Recent improvements include $80,000 invested in asphalt and millings for the yard, and a new 6' chain link fence around a portion of the property with a private entry on a shared driveway. The property is 100% occupied under a net lease. The property's APN is 24-35-36-00-00041.0-0000.00. This is a rare opportunity to acquire a high-income producing property with significant growth potential in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
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Location Insight
- Map
- Local Demand
- City
- Cocoa
- County
- Brevard
- State
- Florida
- Longitude
- -80.7767
- Latitude
- 28.3569
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA