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Vacant Commercial/Combine with Adjacent for Room To Grow! - Availability Details

University Boulevard, Cocoa, FL 32922

  • For Sale $199,000
  • City Cocoa
  • Neighborhood Cocoa
  • Zip Code 32922
  • Property Type Other
  • Lot Size 0.88 Acre
  • Date Updated 02 Jun, 2021
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.
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Location

  • City Cocoa, FL
  • Neighborhood Cocoa
  • Zip Code 32922

Contacts

broker

Michael Dreyer, CCIM, ALC

Dreyer & Associates

(321) 773-1480

Highlights

  • The property consists of 0.88 acres of vacant commercial land, immediately adjacent to an additional 7.64 acres of vacant land. Both pieces are zoned CG, General Commercial by the City of Cocoa.
  • Traffic counts are healthy on Michigan Avenue (615 Feet Frontage) with 11,090 cars daily and on nearby Clearlake Road 19,960 cars passing daily.
  • This parcel is located in an identified Opportunity Zone. These zones are designed to spur economic development
  • and job creation in communities throughout the country by providing tax benefits to investors who invest eligible capital
  • into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements. For further information on Opportunity Zones, please visit https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx

Contact Listing Broker

broker

Michael Dreyer, CCIM, ALC

Dreyer & Associates

(321) 773-1480

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