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    139 Courtenay Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    $29 SF/Yr

    Merritt Island Retail, Office, 1112 sq ft

    Lot size:
    1,112 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,112 square foot retail space, situated in the vibrant heart of Merritt Island, presents a fantastic opportunity for a single-tenant business. The unit boasts a versatile open floor plan, perfect for customization to suit various business needs. Convenient features include a restroom and dedicated storage area. The interior is finished with attractive low-voltage flooring and a drop ceiling. Utilities are readily available, encompassing city water/sewer and FPL electric. Ample parking is provided, with 47 paved and striped spaces shared within the Watson Plaza complex. Benefit from high visibility, with estimated daily traffic of 15,680 vehicles on Courtenay Parkway. The property's Brevard County General Retail Commercial (BU-1) zoning allows for a wide range of uses, including retail, office, medical, and restaurant establishments. Enjoy exceptional accessibility, with convenient proximity to State Road 520, Interstate 95, US1, and SR A1A. The location offers unparalleled convenience, being near Merritt Island Airport, Health First Cape Canaveral Hospital, Merritt Square Mall, and Downtown Cocoa Village, as well as numerous educational, dining, and childcare facilities. The 0.72-acre lot houses a single-story building, making this an ideal location for your business to thrive. Seize this chance to establish your presence in a thriving and accessible area. The property is ready for immediate occupancy.

    Property Features for 139 Courtenay Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,112 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,112 SF
    Rate per SF
    $29

    HighLights

    • Retail and office space totaling 1,112 square feet.
    • Single‑tenant occupancy.
    • 0.72‑acre lot.
    • One‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    ISLAND ART Art Studio Fam Style Shop Beauty Salon

    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
    Brevard
    State
    Florida
    Longitude
    -80.6992633
    Latitude
    28.470872

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    FAQs

    What type of property is this?
    Office Property / Space - Merritt Island Retail, Office, 1112 sq ft
    Where is this office property / space located?
    The property is located at 139 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Retail and office space totaling 1,112 square feet.; Single-tenant occupancy.; 0.72-acre lot.
    Request Owner's contact information
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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
    139 Courtenay Pkwy Merritt Island, FL 32953
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