938 Dixon Blvd Cocoa, FL 32922-6807
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.
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Pho 95 Vietnamese cuisine Restaurant
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
CN · 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.