285 Lake View BlvdCocoa, FL 32926

Property Details for 285 Lake View Blvd

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.20 AC

Property size (Sq ft)

8,112 SF

Zone code

BU1

Property type

Retail properties

Property subtype

Strip malls

APN

24-35-36-00-00277.1-0000.00

APU

9223372036854775807

Description

This versatile 4,000 square foot commercial property, located at 285 N Lakeview Blvd in Cocoa, Florida (zip code 32926), presents a unique investment opportunity. The property is classified as Land, Industrial, and Office, and functions as a single-tenant building with one suite. Its prime location offers excellent accessibility and visibility, situated conveniently off SR 520 and I-95 in North Central Brevard County. The building features a front office area complete with two bathrooms and a kitchen. A significant portion of the space is dedicated to warehouse facilities, equipped with garage doors, ideal for storage, inventory management, or light industrial operations. The flexible layout makes it suitable for a variety of uses, including but not limited to a gym or dance studio. The property's APN is 24-35-36-00-277.1. While the lot size is not specified, the building itself offers substantial space for a business seeking a blend of office and warehouse functionality. This property is ready for immediate occupancy and presents a strong opportunity for growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $3,100,290

  6.5%

  $2,861,806

  7%

  $2,657,392

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,327,265

  Geo Method

  $3,210,045

• Alternative Use

  Use

  Valuation

  Residential

  $2,414,041

  Hospitality

  $2,211,248

  Educational

  $1,839,733

  Medical

  $1,903,004

  Retail

  $2,861,806

Location Insight

City

Cocoa

County

Brevard

State

Florida

Latitude

28.3587

Longitude

-80.7862

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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