850 Cidco Rd, Cocoa, FL 32926
For Lease
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This exceptional 62,304-square-foot industrial property, situated on a 20.23-acre lot in Cocoa, Florida, presents a compelling investment opportunity. The property, built in 2001 and extensively renovated in 2019, boasts a diverse range of features ideal for heavy industrial uses, including manufacturing and warehousing. Key features include a substantial 10,000-square-foot high-bay facility with a 110-foot ceiling height, a large renovated warehouse space perfectly suited for manufacturing operations, and a separate office building for administrative needs. The property is currently occupied by a single aerospace tenant, providing immediate cash flow for investors seeking a single-tenant net lease investment. Alternatively, the property offers significant potential for owner-occupiers seeking a large-scale industrial facility. The site is fully fenced and secured, ensuring optimal safety and operational efficiency. Its strategic location offers easy access to State Road 528 and Interstate 95, providing convenient access to major transportation arteries and key regional destinations such as Kennedy Space Center and Port Canaveral. The property is zoned M2, allowing for a variety of heavy industrial uses. The asking price is $11,500,000, representing a price per square foot of $184.58. The property's address is 850 Cidco Rd, Cocoa, FL 32926, with APN 24-35-12-00-00006.0-0000.00. This rare opportunity combines immediate income potential with long-term growth prospects in a prime location on Florida's Space Coast.
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SpaceX Rocket Assembly Site Corporate Office Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M2 · Cocoa, FLCocoa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.