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    00000 Courtenay Pkwy Merritt Island, FL 32953

    For Sale
    $1,900,000

    28 Acres, PIP Zoning, NASA Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 28-acre parcel in Merritt Island, Florida, presents a unique investment opportunity. Located at 00000 N. Courtenay Pkwy, 32953, this property boasts a highly desirable Planned Industrial Park (PIP) zoning designation, a rarity in this area. The land is priced at $68 per acre, totaling $1,900,000. Its strategic location offers unparalleled access to key players in the aerospace industry. Less than a mile from a NASA access gate and in close proximity to the Blue Origin facility and the NASA Research Park at Kennedy Air Force Station, this site is perfectly positioned to support businesses involved in space exploration, space tourism, the U.S. Space Force, SpaceX, Blue Origin, and other Florida-based space missions. The wooded acreage provides ample space for development, making it an ideal location for companies seeking a connection to the burgeoning space industry. The property's APN is 23-36-13-00-502. This is a prime opportunity to establish a presence in one of the world's most dynamic and innovative sectors. Don't miss this chance to secure a piece of Florida's space coast future.

    Property Features for 00000 Courtenay Pkwy

    General Information

    Property type
    Land

    HighLights

    • $1,900,000 asking price for 28 acres of industrial land.
    • Located in Merritt Island, FL (32953), APN 23‑36‑13‑00‑502.
    • PIP (Planned Industrial Park) zoning.
    • $68/acre land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    FL
    State
    Florida
    Longitude
    -80.7069334
    Latitude
    28.4202087

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    FAQs

    What type of property is this?
    Land - 28 Acres, PIP Zoning, NASA Proximity
    Where is this land located?
    The property is located at 00000 Courtenay Pkwy Merritt Island, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price for 28 acres of industrial land.; Located in Merritt Island, FL (32953), APN 23-36-13-00-502.; PIP (Planned Industrial Park) zoning.
    Request Owner's contact information
    00000 Courtenay Pkwy Merritt Island, FL 32953
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    Merritt Island, FL 32953
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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
    00000 Courtenay Pkwy Merritt Island, FL 32953
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