Commercial Land Parcel FOR SALE
Dreyer & Associates Real Estate Group - Commercial Division
State Road 524 , Cocoa, FL 32927
Development Opportunity! ~Be Part of the Growth Along State Road 524 Corridor!~ 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
Vacant Land
Executive Summary
State Road 524 , Cocoa, FL 32927
FOR SALE
OFFERING SUMMARY
PROPERTY HIGHLIGHTS
Sale Price:
Price / Acre:
Lot Size:
Zoning:
$188,200
• The offering is a triangle-shaped piece made up of three parcels which total 1.12 acres.
$168,036
• The two parcels on the west side are zoned as BU-1-A - Restricted Neighborhood Retail, which allows for commercial services which serve the surrounding community. The third parcel is zoned GU - General Use. Detailed information on allowed and conditional uses for all parcels are included in the accompanying documents.
1.12 Acres
BU-1-A and GU
Traffic Count:
10,460
• Future Land Use is Neighborhood Commercial for the entire piece. • The total frontage on State Road 524 exceeds 350 feet.
LOCATION OVERVIEW The subject property is located approximately 2/10 of a mile from the intersection of State Road 524 and the I-95 interchange, located in the County of Brevard FL and just outside the City of Cocoa limits. In the immediate surrounding areas are residents, shopping, banking, post office, fast food, and an animal hospital all located on the heavily traveled Highway State Route 524. State Road 524 is also a direct connect to both I-95 and State Road 528 for easy access to Orlando as well as the beaches. The closest airports are Melbourne/Orlando International Airport 25 miles to the south and Orlando International Airport approximately 35 miles to the west. The Orlando/Sanford airport is also available 50 miles to the north.
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
Vacant Land
Complete Highlights
State Road 524 , Cocoa, FL 32927
FOR SALE PROPERTY HIGHLIGHTS • The offering is a triangle-shaped piece made up of three parcels which total 1.12 acres. Zoning is a mix of BU-1-A and GU - Please see accompanying documents with allowed and conditional uses. • The traffic count is currently 10,460 cars daily (2017) - 5,320 (eastbound count) 5,140 (westbound count) • The total frontage on State Road 524 exceeds 350 feet. • City of Cocoa water is active, but would need to be accessed. The water main fronts the property and a main extension installation would be necessary. • No public sewer currently active on site. • As the trend of development increases in the Cocoa area, State Road 524 is a burgeoning area, tens of millions of dollars in development projects have been recently completed along the roughly three-mile strip running from I-95 to the west and Clearlake Road to the east. They include: redevelopment of the Shoppes of Cocoa North, at the eastern end of SR 524, Mike Erdman Toyota and Nissan dealerships on 35 acres at the NW quadrant of State Road 520 and I-95, a Flying J Travel Center on the southeast corner of SR 524 and I-95 (with an attached Wendy’s and Cinnabon), a 132-acre, $145 million Wal-Mart distribution center which features a 460,000-square-foot distribution facility and refrigerated warehouse. It is also noted that Walmart owns 125 acres east of the new center, which it plans to develop at some point for additional light industrial/warehouse, commercial, and office uses. • Parcel #s: 24-35-23-00-512.1 / 24-35-23-00-512.2 / 24-35-23-00-512 • Tax ID #s: 2407131 / 2407132 / 2407130
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
Vacant Land
Location Maps
State Road 524 , Cocoa, FL 32927
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
Vacant Land
Retailer Map
State Road 524 , Cocoa, FL 32927
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
Vacant Land
Demographics Map & Report
State Road 524 , Cocoa, FL 32927
FOR SALE
POPULATION
1 MILE
5 MILES
10 MILES
1,776
53,211
150,937
Median age
41.2
39.2
41.5
Median age (Male)
39.5
37.4
40.2
Median age (Female)
42.2
40.8
42.6
1 MILE
5 MILES
10 MILES
676
21,088
59,096
# of persons per HH
2.6
2.5
2.6
Average HH income
$59,341
$53,384
$65,075
Average house value
$205,493
$180,981
$221,619
Total population
HOUSEHOLDS & INCOME Total households
* 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