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    Property profile & analytics

    4725 Fay Blvd Cocoa, FL 32927-8284

    • Retail space
    • 3,696 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Last Sale
    Nov 15, 2021
    $636,200
    Location Intelligence
    Property ID
    US18-5997846
    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

    • Freedom Optical, Inc. / Contact Lenses Supplier / Eye Care Center
    • Covenant Life Fellowship / Church
    • Reaping The Harvest Worship Center / Church
    • Day Spring / Religious Organization

    Property Details for 4725 Fay Blvd

    Year built
    1999
    Construction
    WOOD
    Lot size
    1.59 lot acres
    Property size
    3,696 SF
    Zone code
    BU-1-A
    Property type
    Retail space
    APN
    23-35-23-JM-00081.0-0012.00
    APU
    233523JM000810001200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $585,000
      6.5%
      $650,000
      7%
      $630,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $680,000
      Mixed-Use
      $680,000
      Hospitality
      $630,000
      Educational
      $685,000
      Residential Income
      $730,000
      Energy
      $625,000
      Income-Based Land
      $600,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7985
    Latitude
    28.468
    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
    $5,691
    $191,190
    $117,250
    $308,440
    -
    $191,190
    $117,250
    $308,440

    Comparable in this City

    • Value Estimation
      $3,080,000
      10,857 SF

      101 Osceola Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,857 SF
      101 Osceola Ave, Cocoa, FL 32927
      View Details
    • Value Estimation
      $315,000
      666 SF

      3760 Curtis Blvd Ste, Unit 604

      RETAIL STORES (PERSONAL SERVICES) • 666 SF
      3760 Curtis Blvd Ste, Cocoa, FL 32927-3964
      View Details
    • Value Estimation
      $310,000
      1,150 SF

      3760 Curtis Blvd Ste, Unit 606

      RETAIL STORES (PERSONAL SERVICES) • 1,150 SF
      3760 Curtis Blvd Ste, Cocoa, FL 32927-3964
      View Details
    • Value Estimation
      $155,000
      2,464 SF

      4404 Hwy 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 2,464 SF
      4404 Hwy 1st 1, Cocoa, FL 32927-6011
      View Details
    • Value Estimation
      $235,000
      671 SF

      3720 Curtis Blvd Ste, Unit 110

      RETAIL STORES (PERSONAL SERVICES) • 671 SF
      3720 Curtis Blvd Ste, Cocoa, FL 32927-3961
      View Details
    • Value Estimation by Request
      16,014 SF

      1185 Fay Blvdcvs

      RETAIL STORES (PERSONAL SERVICES) • 16,014 SF
      1185 Fay Blvdcvs, Cocoa, FL 32927-8742
      View Details

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      0.27 acre lot near I-95, ideal for development.
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    Similar Nearby for Lease

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    Cocoa, FL 32927-8284
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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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