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Automotive Property with Billboard Signage
New
For Sale
$900,000
Pending

16 S Tropical Trl, Merritt Island, FL 32952

The site is arranged for vehicle sales and includes multiple billboard and sign structures.

Property Size224 SF
Days on Market5

Property Features for 16 S Tropical Trl

General Information

Standard status Pending
Size 224 SF

Taxes and HOA fees

Annual Taxes $1,347
Listing Agency: Arium Real Estate, LLC
Listed By: Mark A Lindo · License #SL3466702
Source: Exprealty
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 24 at 2:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arium Real Estate, LLC

Investment Insights

Based on property information with market context.

Located at 16 S Tropical Trail in Merritt Island, this automotive property is configured for automobile sales. Multiple billboard and sign structures are also on site.

The property sits just off SR 520, near retail, restaurants, and other commercial development.

Key Highlights

  • Configured for automobile sales
  • Multiple billboard and sign structures
  • At 16 S Tropical Trail, just off SR 520 in Merritt Island

Property Analytics

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Current Use

Westside Cars Inc Car Dealership

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby
280k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Shops & Services 17% Home Improvements & Furnishings 17% Groceries 16%
The Home Depot Home Improvements & Furnishings
47,314 visits/mo 0.4 miles
Publix Groceries
44,037 visits/mo 0.4 miles
T.J. Maxx Apparel
41,205 visits/mo 0.3 miles
Olive Garden Dining
19,136 visits/mo 0.5 miles
Starbucks Dining
16,964 visits/mo 0.4 miles

Demographics for 32952, FL

20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • 321 Auto Rental — 600 Cypress Dr, Merritt Island, FL 32952
  • Avis Car Rental — sears auto center, 777 e merritt island causeway, merritt island, fl 32952
  • Penske Truck Rental — 200 N Courtenay Pkwy, Merritt Island, FL 32953
  • Tool & Truck Rental Center at The Home Depot — 200 N Courtenay Pkwy, Merritt Island, FL 32953
  • U-Haul Neighborhood Dealer — 290 N Courtenay Pkwy, Merritt Island, FL 32953

Frequently Asked Questions

What type of property is this?
Automotive property - The site is arranged for vehicle sales and includes multiple billboard and sign structures.
Where is this automotive property located?
The property is located at 16 S Tropical Trl Merritt Island, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Configured for automobile sales; Multiple billboard and sign structures; At 16 S Tropical Trail, just off SR 520 in Merritt Island
More about this property
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