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

Overview

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.

Listing Details MLS# 931488

General Property Information

Number Of Units Total: 11
Building Area Total: 31185
Year Built: 1965
Lot Size Acres: 1.66
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Use Code: 11 / STORES, ONE STORY
Association YN: No
Water Body Access YN: No
List Price/SqFt: 221.26
Sold Price/SqFt: 205.23

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

Contract Information

Original List Price: 6900000
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

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.

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

More Information

Building Features

Clear Ceiling Height: 31472

Historical Information

Public Historical Remarks 3: Frontage Description: US Highway, Legal/Misc-Home Warranty: No

Listing Office: Dreyer & Associates R.E. Grp.

Last Updated: November - 02 - 2024

Information is deemed to be reliable, but is not guaranteed.