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Property profile & analytics
OFF-MARKET
Land

373 Tropical Trl Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

This exceptional 37,026 square foot vacant lot presents a unique investment opportunity in Merritt Island, Florida. Located at 373 S Tropical Trail, zip code 32952, this property boasts a prime location with the potential for stunning views of the Indian River. The land is already cleared and fenced, saving significant time and expense for future development. Its dual zoning designation offers considerable flexibility. The front portion is zoned BU-1A, while the rear is zoned RU1-11, allowing for a variety of commercial and residential possibilities. This high and dry lot is a rare find in this desirable area of Brevard County. The asking price is $339,000. The property's convenient location, combined with its size and zoning versatility, makes it an ideal site for a diverse range of projects. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. The property is situated at latitude 28.3509723 and longitude -80.7034839. This is a truly remarkable opportunity to acquire a ready-to-build lot in a sought-after location.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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