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282 Clearlake Rd
Cocoa, FL 32922

$1,350,000 USD

Flex For Sale  •  9,533 SF

Property Details

  • Property Type Flex
  • Total Building Size 9,064 SF
  • Lot Size 1.11 AC
  • Building Class B
  • Year Built 1983
  • Cap Rate 8.93 %
  • Tenancy Multiple
  • Zoning BU-2
0 Transit Score
34 Walk Score

Highlights

9,064 SF Commercial Plaza with short-term leases in place.
Plaza is currently 87% leased with opportunity to occupy 50% of the building.
Value-Add Retail/Office/Flex Plaza with below market rents.
Opportunity to build an additional 9,000 SF on property.
Price per square foot is below replacement cost.
Located at the NE corner of Clearlake Road and Highway 520 in Cocoa FL.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $127,551 USD (2025)
Cap Rate: 8.93 %
Total Expenses: $43,832 USD

Amenities

  • Fenced Lot
  • Property Manager on Site
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 38 min - 27.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Ryan Boggs 954-655-8159 Fenix Realty Group Inc.
Ryan Boggs 954-655-8159 Fenix Realty Group Inc.