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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Cocoa Beach, FL 32931

    • Truck terminals
    • 6,000 SF
    • 1.55 lot acres
    OFF-MARKET
    Value Estimations
    $365,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7243575
    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

    • Truck terminals

    Property Details

    Year built
    2007
    Construction
    FRAME
    Lot size
    1.55 lot acres
    Property size
    6,000 SF
    Zone code
    CN
    Property type
    Truck terminals
    APN
    24-37-34-04-00002.0-0000.00
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $452,000
      Market price range: $182k - $561k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6097
    Latitude
    28.3551
    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
    $8,835
    $202,780
    $259,400
    $462,180
    -
    $202,780
    $259,400
    $462,180

    Comparable in this City

    • Value Estimation
      $240,000
      5,560 SF

      4410 Banana Riv Blvd

      TRUCK TERMINAL (MOTOR FREIGHT) • 5,560 SF
      4410 Banana Riv Blvd, Cocoa Beach, FL 32931-3606
      View Details
    • Value Estimation
      $420,000
      5,525 SF

      3900 Atlantic Ave

      TRUCK TERMINAL (MOTOR FREIGHT) • 5,525 SF
      3900 Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Value Estimation
      $840,000
      43,936 SF

      3830 Banana Riv Blvd

      TRUCK TERMINAL (MOTOR FREIGHT) • 43,936 SF
      3830 Banana Riv Blvd, Cocoa Beach, FL 32931
      View Details
    • Value Estimation
      $355,000
      2,490 SF

      175 Brevard Ave

      MINI-WAREHOUSE, STORAGE • 2,490 SF
      175 Brevard Ave, Cocoa Beach, FL 32931-2737
      View Details
    • Value Estimation
      $230,000
      2,704 SF

      160 Woodland Ave

      MINI-WAREHOUSE, STORAGE • 2,704 SF
      160 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • Value Estimation
      $240,000
      260 SF

      75 Brevard Ave, Unit 6

      MINI-WAREHOUSE, STORAGE • 260 SF
      75 Brevard Ave, Cocoa Beach, FL 32931-2735
      View Details

    Similar Nearby for Sale

    • $2,800,000

      Cocoa Beach Commercial Property

      Oceanfront Warehouse & Offices, High Visibility
      1900 Atlantic Ave, Cocoa Beach, FL 32931
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    • $2,490,000

      Cocoa Beach Commercial Property For Sale

      Commercial property with ocean views, warehouse, and highway frontage.
      1900 S Atlantic Ave, Cocoa Beach, FL 32931
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    • $999,999

      Cocoa Beach Commercial Gem

      Prime Retail/Mixed-Use, Ocean Block
      63 Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • $899,900

      Cocoa Beach Mixed-Use Investment

      Prime Beachfront Location, Multi-Use Potential
      136 Marion Ln, Cocoa Beach, FL 32931
      View Details
    • $520,000
      0.17 Acres

      Beachside Vacant Lot Opportunity

      Spacious lot near the ocean, perfect for building your dream home.
      315 S Brevard Ave, Cocoa Beach, FL 32931
      View Details
    • $1,390,000
      2,919 SF

      Cocoa Beach Multifamily Property

      Remodeled multifamily property near the beach, suitable for various uses.
      492 Dempsey Dr, Cocoa Beach, FL 32931
      View Details

    Similar Nearby for Lease

    • $750 /Mo

      Commercial Space in Cocoa Beach

      Shop and office spaces available in Cocoa Beach, Florida.
      102 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • $16 SF/Yr
      1,258 SF

      Cocoa Beach Executive Office Space

      Prime A1A location, 578-1258 sqft available
      3000 Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $14 SF/Yr
      1,760 SF

      Cocoa Beach Executive Office Space

      Prime A1A location, flexible suites available.
      3000 Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $15 SF/Yr
      1,447 SF

      Office Space with River Views

      Office suites available with flexible configurations and abundant natural light.
      150 Cocoa Isles Blvd, Cocoa Beach, FL 32931
      View Details
    • $14 SF/Yr
      894 SF

      Cocoa Beach Office Space Available

      Office suites available for lease in Cocoa Beach, Florida.
      801 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $2,133 /Mo
      1,460 SF

      Cocoa Beach Office Space For Rent

      Office condo near the beach, suitable for various professional uses.
      3000 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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