0 Courtenay Pkwy, Merritt Island, FL 32953
This exceptional 28-acre commercial property, located at 0 N Courtenay Pkwy, Merritt Island, FL 32953 (APN 23-36-13-00-00502.0-0000.00), presents a unique investment opportunity. Boasting a substantial 1,211,839 square feet of land, priced at $67,857.14 per acre, this site is strategically positioned within major transportation corridors, offering seamless access to space, air, sea, highway, and rail networks. Its proximity—just three miles from the secure gate to NASA and Cape Canaveral Air Force Station—makes it ideal for contractors seeking to build custom facilities. The property's zoning allows for industrial park development, supporting transportation needs via Port Canaveral and Orlando International Airport. Given the ongoing revitalization of Kennedy Space Center and the presence of major players like SpaceX, Blue Origin, and OneWeb, this location offers significant long-term growth potential. The nearby development of "Exploration Park" within Kennedy Space Center, which only offers lease opportunities, further underscores the value of this unique land ownership opportunity. This is a prime location for businesses seeking to establish a strong presence in a thriving aerospace and logistics hub.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.