205 Banana Blvd, Merritt Island, FL 32952
This exceptional 1,344 square foot commercial property located at 205 N Banana, Merritt Island, FL 32952, presents a fantastic opportunity for a single-tenant business. The property is classified as both office and retail, offering versatility for a wide range of uses. The building features a welcoming reception area and four generously sized private offices, creating a professional and efficient workspace. The space is bright and airy, benefiting from ample natural light. As an end unit, it offers convenient access and enhanced visibility. Extensive parking is available for employees and clients. The property's strategic location is just one block from State Road 520, ensuring excellent accessibility and high visibility. This location would be ideal for a real estate office, medical practice, or retail establishment. The lease terms include base rent plus a business rent tax of 4.5%, which is the responsibility of the tenant. The lot size is not specified. The property consists of a single suite within a single-building structure.
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
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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.