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Mixed-Use Property with Service Bays
For Lease
$75,000

1850 E Merritt Island Causeway, Merritt Island, FL 32952

Office, automotive service, storage, and recreation areas are brought together within one facility.

Space SizeContact for details
Days on Market282

Property Features for 1850 E Merritt Island Causeway

General Information

Standard status Active
Property subtype Business

Taxes and HOA fees

Annual Taxes $98,252

Amenities

restaurant
gym
playroom
daycare
movie theater
conference rooms
barber shop
game room

Building Details

Year Built 2003
Listing Agency: Perrone Realty, LLC
Listed By: Ralph S Perrone · License #3045618
Source: Inthehomezonerealty
Added: Jan 19 Changed: Oct 26 Last Checked: Oct 26 at 3:08PM

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 Perrone Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This 2003-built mixed-use facility was formerly occupied by a car dealership. Approximately 20,000 square feet is configured for professional and executive offices, while about 30,000 square feet includes service areas, warehouse and bay space, storage, and a detailing department.

A further 17,000 square feet is divided among a restaurant, gym, playroom, daycare, movie theater, conference rooms, barber shop, and game room. The combination of office, automotive, storage, and recreational spaces creates a varied commercial layout within one property.

Key Highlights

  • Built in 2003
  • Approximately 20,000 square feet of professional and executive office space
  • About 30,000 square feet for service, warehouse and bay areas, storage, and detailing

Property Analytics

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Open Analytics

Current Use

Quick Lane at Island ... Auto Repair Shop Island Tiki Grill Bar & Pub

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Law Firm Hair Salon Big Box & Wholesale Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office, automotive service, storage, and recreation areas are brought together within one facility.
Where is this mixed-use property located?
The property is located at 1850 E Merritt Island Causeway Merritt Island, FL.
What is the lease rate?
The lease rate is $75,000.
What are key features of this property?
This property features: Built in 2003; Approximately 20,000 square feet of professional and executive office space; About 30,000 square feet for service, warehouse and bay areas, storage, and detailing
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