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Property profile & analytics
OFF-MARKET
Warehouses

2230 Mimosa Dr Merritt Island, FL 32953

2,457 SF 0.32 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents ten free-standing self-storage units situated on a 0.32-acre lot in Merritt Island, Florida, at 2230 Mimosa Dr, 32953. Built in 2005, this property boasts a total of 2,457 square feet of net rentable space, with each unit priced at $35,000, totaling an asking price of $350,000. The property is zoned BU-2 and benefits from a highly desirable location near major commercial thoroughfares connecting SR 520 to the Beachline Expressway. Its proximity to Cape Canaveral, Kennedy Space Center, and the NASA Shuttle Landing Facility makes it ideally positioned to capitalize on the booming space industry and the resurgence of the cruise industry. The property's strategic placement within the heart of the Space Coast's commercial sector ensures strong potential for rental income and future appreciation. While an adjacent, separately-listed, two-story office building is available for purchase, this listing focuses solely on the ten self-storage units. Potential buyers are responsible for verifying all aspects of the property, including permits, zoning, financials, and market conditions, prior to closing. This is a rare opportunity to acquire a well-located, established self-storage facility in a rapidly growing market.

Property profile
Verified
Property type Warehouses
Year built 2005
Total area 2,457 SF
Lot 0.32 ac (13,939 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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