1501-1503 Lake Dr - Warehouse FOR SALE


Cocoa, FL 32922
$1,200,000 USD
772-778-4885
1501-1503 Lake Dr, Cocoa, FL for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

1501-1503 Lake Dr
Cocoa, FL 32922


HIGHLIGHTS

  • Multi-tenant small-bay industrial complex featuring nine warehouse units and one office unit, adaptable for various uses such as contractor services,
  • Convenient access to State Road 520, offering seamless connectivity to Orlando, Merritt Island, and Cocoa’s beachside communities.
  • Recently painted exterior with paved front and rear parking areas, providing practical functionality and ease for tenants and customers.
  • Includes three grade-level drive-in bays and roll-up door access for efficient loading and unloading operations.
  • Positioned on 1.1 acres with dual entrances from Lake Drive, enhancing traffic flow and property accessibility.
  • Located within a federally designated Opportunity Zone, offering potential tax advantages for eligible investors.

OVERVIEW

Lake Drive Industrial Complex is a multi-tenant small-bay industrial property located at 1501-1503 Lake Drive in Cocoa, Florida. The property consists of approximately 9,450 SF with 9 warehouse units and 1 office unit. Most warehouse units are approximately 1,000 SF and include roll-up door access, supporting a variety of warehouse, service, contractor, automotive, and storage users. The property is positioned near State Road 520, providing convenient access toward Orlando, Cocoa, Merritt Island, and nearby beachside communities. The complex features two entrances off Lake Drive, front and rear parking, and recently painted buildings with a paved parking lot. Please contact listing broker for additional property details, rent roll, financial information, and showing instructions.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,916

ZONING

BU-2

APN/PARCEL ID

24-36-32-00-00264.0-0000.00

ASK ABOUT THIS PROPERTY

Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

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Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.