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305 Laredo Dr - State Road 520 - 305 Laredo Dr, Cocoa, FL 329 61.18 Acres of Commercial Land Offered at $2,590,000 in Cocoa, FL 32926

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INVESTMENT HIGHLIGHTS

  • This 61.18 acre property includes 25.14± acres commercially zoned fronting the major 4-lane Hwy 520.
  • There is 1,500 feet of frontage on Laredo Blvd which is the main entrance to the Cocoa Grand Apartments.

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity with this expansive 61.18± acre property, featuring 25.139± acres of prime road front commercial real estate. Perfectly positioned with 1,021 feet of direct frontage on Highway 520, the major 4-lane artery leading into Cocoa off I-95, as well as an impressive 1,500 feet of road frontage along Laredo Boulevard. With city water, sewer, and electricity already readily available at the site, developers will find this location not only convenient but also fully equipped for immediate development. With over 2500 feet of road frontage, this parcel ensures high visibility and accessibility. This 61.18 acre property includes 25.14± acres commercially zoned fronting the major 4-lane Hwy 520, of which 7.239± acres are upland, and 17.9± acres are wetlands. The remaining 36.04± acres of the site is a retention pond that has ample dedicated storm water capacity for development of the entire site. This retention pond also offers natural beauty, aesthetics and environmental benefits for your future
development.
Of the 25.14± Commercially Zoned acres fronting the 4-Laned Hwy 520, 7.239± acres are upland ready for immediate development and 17.9± acres are classified as wetlands. These 17.9± acres could be mitigated and site fill dirt generated by building a small retention pond at the rear of that 17.9± acre parcel. Attached to this brochure are a survey and a Soils Type report that was completed at the time of the original purchase of the 130-acre tract, which includes this valuable 17.9± -acre road front parcel. These documents will provide prospective buyers / developers and important insights into the land’s characteristics and potential uses, ensuring informed decision- making.
Location is key, and this property boasts easy access to all major highways and interstates, making it ideal for both commercial / residential and potential self/RV storage development. The site is situated close to shopping and entertainment options, making it a strategic spot for attracting residents and businesses alike. To truly appreciate the potential of this remarkable property, we invite you to view the accompanying video showcasing the site and its surroundings.

PROPERTY FACTS

Price $2,590,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Self Storage
  • Warehouse
Total Lot Size 61.18 AC
Zoning C-W - Zoning: Front parcel: 7.239+- Acres zoned C-W - Balance of the property behind (lake/retention area)

1 LOT AVAILABLE

Lot

Price $2,590,000
Price Per AC $42,334.10
Lot Size 61.18 AC

The lot is 61.18 acres which includes 43.28+- ac with 7.239+- ac upland commercial property, 36.045 ac retention pond and 17.9 acres classified as wetland

DESCRIPTION

This property spans approximately 43.28 acres, including 7.239 acres of upland commercial land and a 36.045-acre retention pond. It offers exceptional visibility with 1,021 feet of frontage along Highway 520 and 1,500 feet along Laredo Boulevard, the main entrance to Cocoa Grand Apartments. The site is equipped with city water, sewer, and electric utilities, provides easy access to major highways and interstates, and is conveniently located near shopping and entertainment; under the new “Live Local Act,” the commercial parcel may also have potential for multi-family conversion.

  • Listing ID: 30065679

  • Date on Market: 11/15/2023

  • Last Updated:

  • Address: 305 Laredo Dr, Cocoa, FL 32926

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