Name: Hotel/Motel Commercial Development Opportunity
Address: Clearlake Road - 1.98 AC, Cocoa, FL 32922, Cocoa, FL, 32922, US

For Sale $525,000
Property Type VacantLand
Lot Size 1.98 Acre
Date Updated Jan 22, 2024

This 1.98-Acre Subject parcel is located on Clearlake Road (route 501/SR 524), a north-south artery that runs parellel to route 1 and Interstate 95, connecting to SR 528 to the immediate north, allowing easy access to Orlando to the west and the eastern coastline. Notable neighbors include a new Super Walmart and new Big-Box Publix within and half mile and University of Florida - Cocoa Campus to the south. Five miles to the west, the new Walmart Distribution Center has broken ground at the intersection of I-95 and SR 528.Designated future high-speed rail station directly north at Clearlake Road and State Road 524, pending final TPO approval. 1.98-acre parcel nestled in the middle of a dynamic market with 550,000 Sq Ft. of retail within 1/2 mile. Zoned Neighborhood Commercial - permitted uses include (but not limited to:) hotel/motel, community center, child care facility, office/financial institutions. art studio, veterinary facility. Possible conditional use permit for Multi-Family. 332' of frontage on Clearlake (SR 524), 277' deep to the north, 176' deep on the south side. City of Cocoa utilities, electric available, multiple broadband and fiber option available Traffic count: 16,319 AADT Tax ID#:2413503 / RE Taxes: $1729.08 Parcel ID: 24-36-17-00-514

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Highlights

Designated future high-speed rail station directly north at Clearlake Road and State Road 524, pending final TPO approval.
1.98-acre parcel nestled in the middle of a dynamic market with 550,000 Sq Ft. of retail within 1/2 mile.
Parcel 2413503 is zoned RU-2-15 a Multiple-Family Dwelling District and the approximately
south 100 feet of the parcel is zoned C-N a Neighborhood Commercial District.
Zoned Neighborhood Commercial - permitted uses include (but not limited to:) hotel/motel, community center, child care facility, office/financial institutions. art studio, veterinary facility.
332' of frontage on Clearlake (SR 524), 277' deep to the north, 176' deep on the south side.
City of Cocoa utilities, electric available, multiple broadband and fiber option available
Traffic count: 16,319 AADT
Tax ID#:2413503 / RE Taxes: $1729.08
Parcel ID: 24-36-17-00-514