Commercial Acreage with Multi-Point Access
The property consists of 7.64 acres of vacant land, 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.
The property is located in the City of Cocoa and City of Cocoa provides water and
sewer.
The property does not contain wetlands.
Tax ID: 2416203/ PID: 24-36-20-00-289 /RE Taxes: $7,430.73
The property has several access points, including an
expansive 615 feet of frontage on Michigan Avenue, 587 Feet
of frontage on the east side of the property on University,
along with a 35 foot length of frontage on the south side on
University Lane. The southern access point is south end of a
paved road which spans the property north to Michigan
Avenue. There are also two access points directly off of
Clearlake Road, on either side of the existing Domino...
Clearlake Road, on either side of the existing Domino's Pizza
building, which feed into the dedicated road belonging to
the property.
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.
Please see attached photos highlighting available adjacent parcels.
The property is located near several points of interest in the
immediate area. Among those are Eastern Florida State
College - Cocoa Campus, less than a half mile to the
southwest of the property, historic Cocoa Village just over 3
miles to the southeast, and the Walmart Supercenter
immediately to the north. Easy access to State Road 528
makes this property a quick commute to the Orlando
attractions and the Orlando International Airport (37.6 miles)
and just 25 miles to the Orlando-Melbourne International
Airport to the south. The Port Canaveral Cruise Port is
located just across Highway A1A to the east for 11.5 miles. There is also a potential high-speed rail hub planned for the southwest corner of State Road 528/Highway A1A & Route 1.
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