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    Property profile & analytics

    3935 Hwy 1st 1 Cocoa, FL 32926-5940

    • Strip malls
    • 14,625 SF
    • 2.48 lot acres
    OFF-MARKET
    Value Estimation
    $1,690,000
    Last Sale
    Sep 17, 2024
    $1,650,000
    Location Intelligence
    Property ID
    US18-3545994
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 3935 Hwy 1st 1

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.48 lot acres
    Property size
    14,625 SF
    Zone code
    BU-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    24-36-06-00-00025.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,790,000
      6.5%
      $1,670,000
      7%
      $1,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,700,000
      Geo Method
      $1,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,955,000
      Retail
      $1,890,000
      Mixed-Use
      $2,010,000
      Hospitality
      $1,540,000
      Educational
      $1,665,000
      Residential Income
      $1,855,000
      Energy
      $2,060,000
      Income-Based Land
      $1,750,000
      Food Service
      $1,925,000

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7601
    Latitude
    28.4303
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,610
    $162,140
    $546,250
    $708,390
    -
    $162,140
    $546,250
    $708,390

    Comparable in this City

    • Value Estimation
      $180,000
      3,200 SF

      390 Burnett Rd, Unit 101

      SHOPPING CENTER, STRIP CENTER • 3,200 SF
      390 Burnett Rd, Cocoa, FL 32926-4076
      View Details
    • Value Estimation
      $625,000
      8,112 SF

      285 Lk Vw Blvd

      SHOPPING CENTER, STRIP CENTER • 8,112 SF
      285 Lk Vw Blvd, Cocoa, FL 32926-4176
      View Details
    • Value Estimation
      $655,000
      9,960 SF

      3475 Hwy 1st 1

      SHOPPING CENTER, STRIP CENTER • 9,960 SF
      3475 Hwy 1st 1, Cocoa, FL 32926-8761
      View Details
    • Value Estimation
      $555,000
      13,356 SF

      2300 State Rd 524th Ste, Unit 109

      SHOPPING CENTER, STRIP CENTER • 13,356 SF
      2300 State Rd 524th Ste, Cocoa, FL 32926-5894
      View Details
    • Value Estimation
      $370,000
      10,000 SF

      3445 Hwy 1st 1

      SHOPPING CENTER, STRIP CENTER • 10,000 SF
      3445 Hwy 1st 1, Cocoa, FL 32926-8723
      View Details
    • Value Estimation
      $340,000
      4,032 SF

      690 Range Rd

      SHOPPING CENTER, STRIP CENTER • 4,032 SF
      690 Range Rd, Cocoa, FL 32926-5323
      View Details

    Similar Nearby for Sale

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      Cocoa Waterfront Land Investment

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    Similar Nearby for Lease

    • $16 SF/Yr
      2,000 SF

      King Street Retail Space For Lease

      Cocoa, FL: Prime Retail Space Available
      2130 King St, Cocoa, FL 32926
      View Details
    • $16 SF/Yr
      11,182 SF

      Cocoa Office/Retail Space on US-1

      1,100 SF Available, Hwy 1 Location
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      View Details
    • Contact for pricing
      2,500 SF

      New Upscale Convenience Store Available

      New 2,500+ sqft NNN lease near Walmart and I-95.
      5550 State Road 524, Cocoa, FL 32926
      View Details
    • Contact for pricing
      98,010 SF

      Retail Space Available for Lease

      Large retail property available for lease in Cocoa, Florida.
      2320 State Road 524, Cocoa, FL 32926
      View Details
    • Contact for pricing
      44,220 SF

      Cocoa Industrial Facility: 44,220 SF

      8-acre fenced industrial compound, ideal for manufacturing & storage.
      1060 Cox Rd, Cocoa, FL 32926
      View Details
    • $216 SF/Yr
      10,476 SF

      Grissom Work Bays: Industrial Flex Space

      Modern flex space, 1,134-10,476 sq ft units.
      3081 Oxbow Cir, Cocoa, FL 32926
      View Details
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    Cocoa, FL 32926-5940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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