Mixed-Use Development Opportunity State Road 520
Dreyer & Associates Real Estate Group - Commercial Division
2075 West King Street, Cocoa, FL 32922
~Mixed-Use Development Opportunity~ Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
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Executive Summary
2075 West King Street, Cocoa, FL 32922
FOR SALE
OFFERING SUMMARY Sale Price:
PROPERTY HIGHLIGHTS $1,950,000
Price / Acre:
$14,924
• The property offering includes 130+/- acres of mixed-use land with 1,300+/- Ft. of Direct Frontage on SR 520. There are 8.88 acres of useable commercial acreage and 67.09 acres of useable residential acreage. Lot sizes have been plotted at 75’ wide X 80’ deep, but the depth can be 100 or even 125’. • 1.7+/- Miles East of I-95 Interchange • Traffic count on this section of West King Street is 21,040 cars daily
Lot Size:
130.66 Acres
Zoning:
• Parcel ID: 24-36-31-00-265 / Tax ID #: 2423993
RR-1 Rural Residential and C-W Commercial Wholesale
Traffic Count:
LOCATION OVERVIEW Located on the south side of State Road 520/West King Street in the heart of Cocoa, FL , approximately 1.7+/- Miles East of I-95 Interchange and 2.5 miles to Route 1. Local retail neighbors include Honda, Chevrolet and Ford dealerships, Sam's Club, Best Western and Holiday Inn.
21,040
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
Other
Complete Highlights
2075 West King Street, Cocoa, FL 32922
FOR SALE PROPERTY HIGHLIGHTS • The property offering includes 130+/- acres of mixed-use land with 1,300+/- Ft. of Direct Frontage on SR 520. There are 8.88 acres of useable commercial acreage and 67.09 acres of useable residential acreage. Lot sizes have been plotted at 75’ wide X 80’ deep, but the depth can be 100 or even 125’. • Zoning is City of Cocoa mixed-use, with 8.88 acres along the SR 520 frontage of commercial land with 67 useable acres of residential acreage directly behind, echanced by a Beautiful Lake on Southern end of Property, which could be perfect for Residential Development. • 130+/- acres with an approved and recorded binding development agreement for an Adult Congregate Living Facility. Binding Agreement entitles developer to build up to 130 unit Assisted Living Facility/Memory Care building, independant living units and 55+ single family residential homes. Commercial frontage along 520 has a range of possibilities including retail, self-storage, Mobile home/RV Park. (Please see attached zoning regulations for full list of approved uses). • North Brevard is part of the growing high-tech corridor of East Central Florida. With on-going missions at NASA, and a burgeoning commercial space industry - represented by firms like SpaceX, Boeing, Lockheed Martin, and Blue Origin - North Brevard is well-positioned to lead nation's commercial aerospace industry. • In addition, OneWeb, a satellite manufacturing company, broke ground January/February of 2017 on a 100,000 SF facility that will employ 250 with average salaries of $80,000.00. • Property boasts of a large lake in the back which was previously permitted as a borrow pit.
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
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Additional Photos
2075 West King Street, Cocoa, FL 32922
CONCEPT PLAN
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
Other
Location Maps
2075 West King Street, Cocoa, FL 32922
FOR SALE
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
Other
Demographics Map
2075 West King Street, Cocoa, FL 32922
FOR SALE
POPULATION
1 MILE
3 MILES
5 MILES
TOTAL POPULATION
6,616
40,819
82,788
MEDIAN AGE
36.9
40.2
42.2
MEDIAN AGE (MALE)
35.7
38.9
41.3
MEDIAN AGE (FEMALE)
40.1
41.3
42.7
HOUSEHOLDS & INCOME
1 MILE
3 MILES
5 MILES
TOTAL HOUSEHOLDS
2,903
16,733
33,691
# OF PERSONS PER HH
2.3
2.4
2.5
AVERAGE HH INCOME
$32,721
$52,059
$60,402
AVERAGE HOUSE VALUE
$145,356
$161,718
$216,107
* Demographic data derived from 2010 US Census
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com
Other
Retailer Map
2075 West King Street, Cocoa, FL 32922
FOR SALE
Contact:
Michael Dreyer, CCIM, ALC 321.773.1480 michael.e.dreyer@gmail.com Information Herein from Sources Deemed Reliable but Not Warranted
Dreyer & Associates 1920 Highway A1A Indian Harbor Beach, FL 32937 www.dreyercommercial.com