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Clearlake Rd - & University Lane - Land in Opportunity Zone! 0.88 Acres of Commercial Land Offered at $249,900 in Cocoa, FL 32922
Investment Highlights
- The property does not contain wetlands.
- The property is located in the City of Cocoa and City of Cocoa provides water and sewer.
Executive Summary
Strategically located on University Boulevard with visibility from Clearlake Road, the property occupies a highly desirable position within an established residential area and close to several significant growth drivers.
The site directly adjoins 340+ Residential Units located along University Lane and the surrounding neighborhood providing a substantial local customer base for the future commercial uses.
Florida State College is situated directly across Clearlake Road, generating consistent daily traffic from students, faculty and visitors. The property's proximity to the college makes it well suited for a variety of commercial uses including food service, convenience retail, professional offices, medical services and other businesses that benefit from strong daytime population levels.
Adding to the long-term investment potential, the property is positioned close to the proposed Brightline Cocoa Station development. Conceptual plans indicate an access point from Michigan Avenue approximately 750 meters from the site. Clearlake Road is expected to serve as one of the principal routes to the future station, giving the property exposure to a major transportation corridor and the potential to benefit from increased traffic, investment and commercial activity as the area develops.
0.88 Acres Commercial Land and General Commercial (CG) Zoning
Utilities Available and No Wetlands
Adjacent to 340+ Residential Units
Visible From Clearlake Road (19,000 vehicles per day passing)
Florida State College Located Across Clearlake Road
Approximately 750 Meters From Proposed Brightline Station Access
Located Along a Key Route to Future Transportation Infrastructure
Strong Commercial Development and Investment Potential
The site directly adjoins 340+ Residential Units located along University Lane and the surrounding neighborhood providing a substantial local customer base for the future commercial uses.
Florida State College is situated directly across Clearlake Road, generating consistent daily traffic from students, faculty and visitors. The property's proximity to the college makes it well suited for a variety of commercial uses including food service, convenience retail, professional offices, medical services and other businesses that benefit from strong daytime population levels.
Adding to the long-term investment potential, the property is positioned close to the proposed Brightline Cocoa Station development. Conceptual plans indicate an access point from Michigan Avenue approximately 750 meters from the site. Clearlake Road is expected to serve as one of the principal routes to the future station, giving the property exposure to a major transportation corridor and the potential to benefit from increased traffic, investment and commercial activity as the area develops.
0.88 Acres Commercial Land and General Commercial (CG) Zoning
Utilities Available and No Wetlands
Adjacent to 340+ Residential Units
Visible From Clearlake Road (19,000 vehicles per day passing)
Florida State College Located Across Clearlake Road
Approximately 750 Meters From Proposed Brightline Station Access
Located Along a Key Route to Future Transportation Infrastructure
Strong Commercial Development and Investment Potential
Property Facts
| Price | $249,900 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.88 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-G - General Commercial | ||
| Price | $249,900 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.88 AC |
| Opportunity Zone |
Yes |
| Zoning | C-G - General Commercial |
1 Lot Available
Lot
| Price | $249,900 | Lot Size | 0.88 AC |
| Price Per AC | $283,977.27 |
| Price | $249,900 |
| Price Per AC | $283,977.27 |
| Lot Size | 0.88 AC |
Located on the north side of University Lane just east of the Clearlake Road. This piece abuts the neighboring 7.64-acre parcel which extends north to meet Michigan Avenue.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Clearlake Rd - & University Lane - Land in Opportunity Zone!