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Property profile & analytics
OFF-MARKET
Specialty properties

237 Blue Heron Blvd Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

This exceptional 0-unit commercial land parcel, located at 237 Blue Heron Blvd, Merritt Island, FL 32952, presents a unique investment opportunity. Priced at $55,000, this special purpose property is situated in Palm Beach County and offers significant potential for various commercial ventures. The property's zoning and permitted uses should be independently verified. The address listed in the original marketing materials contains an error; the correct address is 237 Blue Heron Blvd, Merritt Island, FL 32952. While the original listing mentioned a separate restaurant opportunity at a different address and price point, this listing exclusively pertains to the land parcel itself. This is a blank slate for developers or investors seeking a strategic location in a growing area. The absence of existing structures allows for complete customization to suit specific business needs. Further due diligence is recommended to assess the property's suitability for intended use, including but not limited to zoning regulations, environmental considerations, and utility access. This is an ideal opportunity for those seeking a foothold in the Florida commercial real estate market. The property's location and price point make it a compelling investment prospect. Serious inquiries are encouraged to explore the full potential of this valuable asset.

Property profile
Verified
Property type Specialty properties
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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