875 S Cocoa Blvd
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875 S Cocoa Blvd
2,761 SF Retail Building Cocoa, FL 32922 $11,900,000 ($4,310/SF)
Investment Highlights
- Upscale Used Automobile Dealership.
- Current Receivables $8,000,000
- Turn Key Operations (Staff will remain if requested)
- Real estate, Inventory equipment, and Receivables
Executive Summary
Upscale Used Automobile Dealership
Turn Key Operations (Staff will remain if requested)
Modern computerized operating and accounting system with updated servers
Real Estate, Equipment, Inventory and Receivables included (complete list of fixtures, equipment available)
Modern Showroom and Offices
Five Service Bays
Paved, lighted parking area
Current Inventory $1,300,000 at cost (Price adjusted at closing based on then current inventory)
Current Receivables $8,000,000 (Price to be adjusted at closing based on actual receivables at that time)
Receivable yielding 27% per annum +
Average number of automobiles sold per month 22-30
Total Annual income over $4,500,000
Turn Key Operations (Staff will remain if requested)
Modern computerized operating and accounting system with updated servers
Real Estate, Equipment, Inventory and Receivables included (complete list of fixtures, equipment available)
Modern Showroom and Offices
Five Service Bays
Paved, lighted parking area
Current Inventory $1,300,000 at cost (Price adjusted at closing based on then current inventory)
Current Receivables $8,000,000 (Price to be adjusted at closing based on actual receivables at that time)
Receivable yielding 27% per annum +
Average number of automobiles sold per month 22-30
Total Annual income over $4,500,000
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,761 SF
Building Class
B
Year Built
2004
Price
$11,900,000
Price Per SF
$4,310
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
1.84 AC
Zoning
CG
Frontage
237 FT on COCOA
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 24-36-28-00-00011.0-0000.00 | Improvements Assessment | $320,640 (2023) |
| Land Assessment | $236,170 (2023) | Total Assessment | $556,810 (2023) |
PROPERTY TAXES
Parcel Number
24-36-28-00-00011.0-0000.00
Land Assessment
$236,170 (2023)
Improvements Assessment
$320,640 (2023)
Total Assessment
$556,810 (2023)
-
Duane Watson -
Watson Commercial Real Estate, Inc.
(321) 459-0000
x15
1 of 68
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875 S Cocoa Blvd
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