3170 Grissom PkwyCocoa, FL 32926

Property Details for 3170 Grissom Pkwy

Year built

2000

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.71 AC

Property size (Sq ft)

300 SF

Zone code

M2

Property type

Retail properties

Property subtype

Retail space

APN

24-35-12-00-00764.0-0000.00

APU

9223372036854775807

Description

This exceptional investment opportunity presents a fully permitted, shovel-ready self-storage development site in Cocoa, Florida. Located on a 2.99-acre lot at 3170 Grissom Pkwy, this prime location boasts unparalleled visibility, bordering the Beachline Expressway (SR-528) and Grissom Parkway, experiencing high daily traffic volumes of 39,900 and 10,600 vehicles respectively. The site's strategic position between I-95 and Cape Canaveral ensures excellent accessibility. The development plan encompasses two buildings totaling 93,150 gross square feet (73,513 net rentable square feet), featuring 674 units. Building one is a three-story, 82,875 square foot climate-controlled structure, while building two offers 10,275 square feet of single-story drive-up units. This project benefits from strong market demographics, including significant multi-family residential development within a 1.5-mile radius (approximately 1,000 units underway), and proximity to major retailers such as Publix, CVS, and Walmart. Furthermore, its location near SpaceX, FedEx, and Amazon distribution centers adds to its appeal. Brevard County's robust 2.06% annual growth rate and low square footage per capita further solidify this investment's potential. The asking price is $1,800,000, and building permits are already secured, enabling a swift closing and immediate commencement of construction.

Location Insight

City

Cocoa

County

Brevard

State

Florida

Latitude

28.4051

Longitude

-80.7739

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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