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    255 Sykes Creek Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    $15 SF/Yr

    Versatile Office Building, 19,000 SF Vacant

    Lot size:
    36,239 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Merritt Island office building, located at 255 N Sykes Creek Parkway, 32953, offers a unique opportunity for businesses seeking flexible and adaptable space. The property boasts a total of 36,239 square feet across two stories, with a significant 19,000 square feet currently vacant and immediately available. The building is classified as Class B and was constructed in 1978, undergoing a substantial renovation in 2003. The versatile space is suitable for a variety of uses, including medical, traditional, and creative office settings, reflecting its zoning as BU-1. The minimum divisible space is 9,500 square feet, providing options for businesses of various sizes. The property sits on a generous 3.12 acres of land, offering ample parking and potential for expansion. This move-in ready space presents a fantastic opportunity to establish or expand your business in a prime Merritt Island location. The property's flexible layout and recent renovations ensure a modern and efficient workspace. The ample vacant space allows for customization to meet specific business needs. This is an excellent opportunity to secure a well-located, adaptable office space in a thriving Florida community. The property's parcel number is 24-36-36-00-265.

    Property Features for 255 Sykes Creek Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,239 SF
    Class
    B
    Total Rate
    45298.75

    Building Details

    Year Built/Renovated
    1978/2003
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 200
    Size
    19,000 SF
    Rate per SF
    $15

    HighLights

    • Exceptional 36,239 SF Class B office building in Merritt Island, FL.
    • 19,000 SF of immediately available space.
    • Built in 1978, substantially renovated in 2003.
    • BU‑1 zoning allows for diverse uses, including medical and creative office.
    • Minimum divisible space: 9,500 SF.
    • Situated on a 3.12‑acre lot with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neuroskeletal Imaging Institute: ... Doctor NSI | NeuroSkeletal Imaging ... Radiologist Sykes Creek Professional ... Business Center Brevard Pulmonary Specialists: ... Pulmonologist Brevard Pulmonary Specialists: ... Pulmonologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Brevard
    State
    Florida
    Longitude
    -80.684694559876
    Latitude
    28.360343112351

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    FAQs

    What type of property is this?
    Office space - Versatile Office Building, 19,000 SF Vacant
    Where is this office space located?
    The property is located at 255 Sykes Creek Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Exceptional 36,239 SF Class B office building in Merritt Island, FL.; 19,000 SF of immediately available space.; Built in 1978, substantially renovated in 2003.
    Request Owner's contact information
    255 Sykes Creek 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
    255 Sykes Creek Pkwy Merritt Island, FL 32953
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