894 Highway 1, Rockledge, FL 32955
$6,400,000
Property Type:
Commercial Sale
Square Footage:
31,185
Lot Size (sq. ft.):
72,310
Status:
Closed
Current Price:
$6,400,000
List Date:
4/07/2022
Last Modified:
11/02/2024
Description
The overall site is 13.88 acres and includes 9 acre of paved parking (great for outparcels on all sides). The Rockledge Blvd US 1 Frontage is more than 540+ feet.This site would support 4 outparcels & lends the back to Residential Development.
Great opportunity to reposition. The listing is for 908, 940, 944 Rockledge Blvd &925 Florida Ave. City of Cocoa water, Rockledge sewer & trash as well as gas lines in the ground. The Zoning RMU Redevelopment, Mixed Use District, City of Rockledge & allows an entitlement of up to 25 units per acre & up to 110 feet high. Some of past projects did include 369 residential units and 5,000 sf.retail/office. This land has very high traffic count of 38,000 ADT. The environmental phase 1 and 2 are clean, seller removed 28k asbestos & has reports.
More Information MLS# 931488
Location, Tax, and Legal
Tax Account: 2425549
Parcel Number: 24-36-33-00-00756.1-0000.00
General County Location: Central
Tax Annual Amount: 12181.9
Tax Year: 2021
Tax Legal Description: PART OF SW 1/4 OF SE 1/4 AS DES IN ORB 739 PG 78
Directions: Highway US 1 southeast of 520.
General Property Information
Number Of Units Total: 11
Building Area Total: 31185
Lot Size Acres: 1.66
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 221.26
Sold Price/SqFt: 205.23
Year Built: 1965
Remarks and Miscellaneous
Public Remarks: The overall site is 13.88 acres and includes 9 acre of paved parking (great for outparcels on all sides). The Rockledge Blvd US 1 Frontage is more than 540+ feet.This site would support 4 outparcels & lends the back to Residential Development.
Great opportunity to reposition. The listing is for 908, 940, 944 Rockledge Blvd &925 Florida Ave. City of Cocoa water, Rockledge sewer & trash as well as gas lines in the ground. The Zoning RMU Redevelopment, Mixed Use District, City of Rockledge & allows an entitlement of up to 25 units per acre & up to 110 feet high. Some of past projects did include 369 residential units and 5,000 sf.retail/office. This land has very high traffic count of 38,000 ADT. The environmental phase 1 and 2 are clean, seller removed 28k asbestos & has reports.
Cooling
Central Air: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Rolled/Hot Mop: 1
Showing Requirements
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 31472
Location
City: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Frontage Description: US Highway, Legal/Misc-Home Warranty: No
Contract Information
Current Price: $6,400,000
Original List Price: 6900000
Sold Price: $6,400,000
Status: Closed
Listing Contract Date: 2022-04-06
Property Sub Type: Business
Location Tax and Legal
Street Number: 894
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32955
MLS Area Major: 214 - Rockledge - West of US1
Status Change Information
Major Change Timestamp: 2022-04-07T14:42:38Z
Major Change Type: Status Change
Status Change Timestamp: 2022-04-07
Purchase Contract Date: 2022-04-07
Close Date: 2022-04-07
Close Price: 6400000
Property Features
Cooling: Central Air
Current Use: Commercial
Flooring: Carpet
Heating: Central
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Roof: Rolled/Hot Mop
Sale Includes: Building & Land
Showing Requirements: Call Listing Agent
Listing Office:
Dreyer & Associates R.E. Grp.
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.