UNDER CONTRACT! 2075 West King Street

  SOLD March 2019 for $1,950,000

2075 W. King Street, Cocoa, Florida 32926


Land Size130 Acres
ZoningRR-1 Rural Residential and C-W
WaterAvailable
SewerNot Currently Available
ElectricFPL

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.

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.

  • 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.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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