You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

6455 Tropical Trl Merritt Island, FL 32953

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 29-acre commercial land parcel presents a rare development opportunity in Merritt Island, Florida. Ideally situated on N Tropical Trail (Route 3), this property offers unparalleled access to the thriving aerospace industry on the Space Coast. Its strategic location provides convenient commutes to Port Canaveral and Orlando International Airport via State Road 528 (Beachline Expressway). The site comprises four parcels totaling approximately 29 acres, providing ample space for a large-scale multifamily project. The property's frontage on N Tropical Trail ensures high visibility and accessibility. Furthermore, its proximity to the Merritt Island National Wildlife Refuge offers a unique natural buffer, providing a tranquil setting while remaining close to major transportation arteries and the dynamic aerospace sector. This is a prime location for investors seeking to capitalize on the area's robust growth and demand for housing near major employment centers. The asking price for this significant development opportunity is $4,950,000. The property's zip code is 32953, and its Brevard County location offers access to a wealth of amenities and infrastructure. This is a truly exceptional opportunity to develop a substantial multifamily project in a high-demand area.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6455 Tropical Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message