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    4805 Courtenay Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail/Office Space, High Visibility

    Lot size:
    9,002,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,002,500 square foot commercial property, located at 4805 N Courtenay Parkway, presents a unique investment opportunity. The single-tenant building sits on a 1.47-acre lot and features a fully built-out office space ideal for a small business. The space boasts a large foyer/reception area, an administrative office, a spacious conference room, a break room with kitchen and storage, and two private offices, one of which includes a private bathroom and seating area. High ceilings add to the spacious feel. Seven surface parking spaces are available, along with signage opportunities. The property's strategic location near Kennedy Space Center, Boeing, Blue Origin, SpaceX, and Lockheed Martin ensures high traffic counts and excellent roadside visibility. The building is zoned BU-1 and offers significant advantages for businesses seeking a prominent presence in a high-growth area. Landlord-provided utilities include electricity, water, AC/heat, and sewer/septic. Tenants are responsible for their own internet and phone services. This one-story building presents a rare opportunity to acquire a well-maintained, highly visible commercial property in a thriving location. The property's features and location make it an attractive option for a variety of businesses. The APN is 23-36-34-00-00025.0-0000.00.

    Property Features for 4805 Courtenay Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,002,500 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    9,002,500 SF
    Rate per SF
    $0.00

    HighLights

    • Retail, Land, and Office property totaling 9,002,500 square feet.
    • Single‑tenant occupancy.
    • 1.47‑acre lot size.
    • One‑story building with seven surface parking spaces.
    • Located near Kennedy Space Center, Boeing, Blue Origin, SpaceX, and Lockheed Martin, offering high visibility and traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    General Contractors, Chematics ... Concrete Contractor Sauer Group, INC Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Building Supply Gym & Fitness Auto Repair Shop Accounting Firm Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.7096963
    Latitude
    28.4437286

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Retail/Office Space, High Visibility
    Where is this office property / space located?
    The property is located at 4805 Courtenay Pkwy Merritt Island, FL.
    What are key features of this property?
    This property features: Retail, Land, and Office property totaling 9,002,500 square feet.; Single-tenant occupancy.; 1.47-acre lot size.
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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
    4805 Courtenay Pkwy Merritt Island, FL 32953
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