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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

205 Banana Blvd Merritt Island, FL 32952

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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