237 Blue Heron Blvd Merritt Island, FL 32952
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.
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.