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Property profile & analytics
OFF-MARKET
Retail space

3635 King St Cocoa, FL 32926-4126

8,496 SF 0.84 ac lot Built 1962
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3184757
Property summary
AI-generated overview

This exceptional industrial warehouse, situated on a prime .99-acre lot at 3635 W King Street in Cocoa, Florida, presents a compelling investment opportunity. Built in 1962, this single-story, 36,590.4 square foot building boasts a strategic location on Highway 520/King Street, offering excellent visibility and accessibility. The property features two convenient entrances, enhancing operational efficiency. The warehouse itself is equipped with four 10x10 roll-up doors, two roller gates in front, and twin swing gates with 34' openings, facilitating easy loading and unloading. A substantial 40x40 covered work pad provides additional sheltered space. Significant upgrades have been implemented, including a new electrical panel and complete rewiring in 2021, along with plumbing replacements. Four existing lifts are in place, and the property benefits from 24' awnings on three sides of the building. The entire lot is securely fenced. This property offers substantial potential for a variety of businesses, making it an ideal investment in a high-demand location. The asking price is $1,499,000. The zip code is 32926.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,496 SF
Lot 0.84 ac (36,590 SF)
Zoning code BU1
APN 24-35-36-00-00260.0-0000.00
UPID US18-3184757
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
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
Sean Michaels · 4 yrs held
Sean Michaels
since 2021
Last sale
$394,000
1 recorded transaction
2021
$394,000
Zoning & alternative use
BU1 · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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