Property summary
This single-tenant, free-standing retail building in Cocoa, Florida, presents a compelling investment opportunity. The 2,545 square foot property, built in 1988, sits on a 0.74-acre lot and boasts 32 parking spaces, ensuring ample customer convenience. Currently operating at 100% occupancy with a lease having 3.5 years remaining, this property offers a stable income stream. Located at 938 Dixon Blvd, Cocoa, FL 32922, the property benefits from its strategic position near major roadways, including U.S. Highway 1, State Roads 520 and 528, and I-95, ensuring high visibility and accessibility. Its proximity to Kennedy Space Center, Historic Cocoa Village, Port Canaveral, and Merritt Island further enhances its appeal. The property is zoned CN and offers a versatile space suitable for a variety of retail uses. The asking price is $550,000, translating to $216.11 per square foot. This represents a strong return on investment in a thriving area with significant growth potential. The property's convenient location near Eastern State College, medical facilities, and residential areas contributes to its consistent performance. This is a rare opportunity to acquire a well-located, income-producing retail asset with a strong tenant and significant upside potential. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CN · Cocoa, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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