840 Cocoa BlvdCocoa, FL 32922

  • Office properties
  • 18,240 SF
For Lease
$18/SF/YR View listing

Property Details for 840 Cocoa Blvd

Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.82 AC
Property size (Sq ft)
18,240 SF
Zone code
CN
Property type
Office properties
Property subtype
Office buildings
APN
24-36-28-00-00013.1-0000.00
APU
9223372036854775807

Description

North Point Office Park, located at 840 N Cocoa Blvd, Cocoa, FL 32922, offers 19,610 square feet of office space in a single-story building constructed in 1984. This multi-tenant complex currently features 10 suites, with 800 square feet currently vacant. One available suite offers 1,310 square feet. The property boasts a newly renovated and upgraded interior, presenting a modern and appealing campus-like setting. Its prime location provides excellent visibility and convenient access. The park is easily accessible from US Highway One and Forrest Avenue, situated 0.9 miles north of SR 520 Causeway and 2.4 miles south of State Road 528 (Beachline). Interstate 95 is also conveniently accessible, approximately 4.7 miles away via State Road 520. The property is zoned Neighborhood Commercial and has an APN of 24-36-28-00-00013.1-0000.00 in Brevard County. This is an excellent opportunity for businesses seeking modern, well-maintained office space in a desirable Cocoa location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,606,788
    6.5%
    $4,252,420
    7%
    $3,948,676
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,022,236
    Geo Method
    $2,864,227
  • Alternative Use

    Use
    Valuation
    Residential
    $5,273,001
    Hospitality
    $4,830,041
    Educational
    $4,018,537
    Medical
    $4,156,741
    Retail
    $6,251,058
840 Cocoa Blvd, Cocoa, Florida

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.3677
Longitude
-80.7346
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
$24,147
$198,250
$1,052,160
$1,250,410
-
$198,250
$1,052,160
$1,250,410

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