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    2755 N Banana River Dr Merritt Island, FL 32952

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    For Sale
    $2,565,000

    Two multi-tenant warehouse buildings with office suites near Port Canaveral.

    Property size:
    18,120 SF
    Lot size:
    0.80 Acres

    Property Features for 2755 N Banana River Dr

    General Information

    Size
    18,120 SF
    Lot size
    0.80 Acres

    Source: Lightle Beckner Robison, Inc. Agent Jeffery T. Robison CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Warehouse Buildings Near Port

    Located less than five minutes from Port Canaveral, this property features two multi-tenant small bay warehouse buildings with office suites and a racquetball court. The property offers an opportunity for an owner-user to occupy the property and collect additional income. Value-add investors may increase returns by bringing existing tenants to market rents. All tenants are on below-market month-to-month leases. The property is located in Merritt Island, Florida. Brevard County's BU-2 zoning allows a wide variety of uses, making this a suitable location for businesses catering to Port Canaveral. The property contains 18,120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Helptech Group, LLC Computer Support And Services Gomme's Auto Upholstery ... Auto Upholsterer Teresa Lynn Home ... General Contractor A1T llc Transportation Service Wolen, LLC Transportation Service

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Department Store Kitchen & Bath HVAC Service Computer & Electronic Repair Tech Support Center Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    321 Exhibits

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.6640368
    Latitude
    28.4065415

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    FAQs

    What type of property is this?
    Warehouse - Two multi-tenant warehouse buildings with office suites near Port Canaveral.
    Where is this warehouse located?
    The property is located at 2755 N Banana River Dr Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $2,565,000.
    What are key features of this property?
    This property features: - Less than five minutes from Port Canaveral.; - Opportunity for an Owner User to occupy the property and collect additional income.; - Value Add Investors can bring existing tenants to market rents.
    (321) 722-0707
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    2755 N Banana River Dr Merritt Island, FL 32952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2755 N Banana River Dr Merritt Island, FL 32952
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