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North Cocoa Plaza
966-970 N. Cocoa Blvd.
Cocoa, FL
8,280 Sq. Ft.
Property Facts
| Building Area: | 8,280 Sq. Ft. |
| Parcel Size: | .99 Acres |
| No. of Units: | 12 Units |
| Unit Range: | 432-2,376 SF |
| Year Built: | 1982 |
| Construction: | Concrete Block & Stucco |
| Configuration: | Two Buildings 5,616 Sq. Ft. 2,592 Sq. Ft. |
| Use: | Office/Retail Complex |
| Building Height: | Single Story |
| Zoning: | CN Neighborhood Commercial |
Property at Purchase
| Purchase Price: | $472,500.00 |
| Purchase Price PSF: | $57.06 |
| Occupancy at Purchase: | 50% |
| Average Rent PSF At Purchase: | $6.00 PSF |
After Renovation and Transformation
| Cash Out Via Financing and Insurance Recovery: | 425,000.00 |
| Current Replacement Cost Value: | $225 PSF |
| Occupancy After Two Years of Ownership: | 100.00% |
| Average Rent PSF After Renovation: | $14.00 PSF |
| Renovation Capital Expenditures: | $15.00 PSF |
