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    685 Courtenay Pkwy Merritt Island, FL 32953

    Sponsored
    For Lease
    $12 SF/Yr ($8,356 /Mo)

    8,356 SF Showroom, High Visibility

    Lot size:
    8,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8,356-square-foot retail showroom is available for lease at 685 N Courtenay Pkwy, Merritt Island, FL 32953. Located on a major traffic corridor (N. Courtenay Pkwy/State Road 3) in Brevard County, this single-story, 1966-built property offers unparalleled visibility and accessibility. The entire space is available, providing ample room for a variety of uses, including dance studios, fitness centers, martial arts studios, or other retail businesses. The 1.32-acre lot provides extensive parking for customers and employees. The property benefits from ongoing improvements to N. Courtenay Parkway, including upgraded landscaping, sidewalks, and lighting, enhancing curb appeal and creating a welcoming atmosphere. Its strategic location near major shopping centers, retail outlets, offices, entertainment venues, and residential areas ensures a steady flow of potential customers. The property's proximity to Kennedy Space Center, Cocoa Beach, Port Canaveral, and Orlando provides convenient access for both local and tourist clientele. This prime location also boasts nearby amenities such as a church and bowling alley. The property features a total of 16,668 total building suites.

    Property Features for 685 Courtenay Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,356 SF
    Total Rate
    8356

    Building Details

    Year Built
    1966
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,356 SF
    Rate per SF
    $12

    HighLights

    • 8,356 SF retail showroom available for lease at 685 N Courtenay Pkwy, Merritt Island, FL.
    • Located on a high‑traffic corridor (SR 3) with 35,000 AADT (FDOT 2019).
    • Adjacent to AutoZone (long‑term lease) and across from East Coast Christian Academy and a bowling alley.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.7007146
    Latitude
    28.3680213

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    FAQs

    What type of property is this?
    Retail property - 8,356 SF Showroom, High Visibility
    Where is this retail property located?
    The property is located at 685 Courtenay Pkwy Merritt Island, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 8,356 SF retail showroom available for lease at 685 N Courtenay Pkwy, Merritt Island, FL.; Located on a high-traffic corridor (SR 3) with 35,000 AADT (FDOT 2019).; Adjacent to AutoZone (long-term lease) and across from East Coast Christian Academy and a bowling alley.
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    685 Courtenay Pkwy 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
    685 Courtenay Pkwy Merritt Island, FL 32953
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