506 Stone StCocoa, FL 32922

  • Commercial land
  • 0.22 AC
For Sale
$225,000 View listing

Property Details for 506 Stone St

Year built
1959
Lot size
0.22 AC
Zone code
CG
Property type
Commercial land
APN
24-36-33-CB-00004.C-0005.00
APU
243633CB00004C000500

Description

This exceptional 9,583 square foot commercial lot, located at 506 Stone Street in Cocoa, Florida (zip code 32922), presents a remarkable investment opportunity. Situated in a rapidly developing area between I-95 and US-1, this property boasts high visibility and accessibility. The lot fronts the busy King Street/RT 520, benefiting from significant traffic flow from I-95 towards the beaches and the nearby RT-1. This strategic location ensures maximum exposure for any business. A convenient bus stop directly in front of the property further enhances accessibility for potential customers and employees. The land is ready for immediate development, eliminating lengthy preparation delays. The asking price for this prime commercial parcel is $225,000. This property offers a unique chance to establish a thriving business in a high-traffic, rapidly growing area of Brevard County. Don't miss this opportunity to secure a prominent location in a thriving Florida market. The coordinates for this property are latitude 28.3550709 and longitude -80.7369674.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,850,478
    Hospitality
    $2,611,022
    Educational
    $2,172,340
    Medical
    $2,247,050
    Retail
    $3,379,195

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.3552
Longitude
-80.7364
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
$693
$26,450
-
$26,450
-
$26,450
-
$26,450

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