Financial
Distress signals
Property profile

115 Alma Blvd Merritt Island, FL 32953

OFF-MARKET
Office buildings
Property ID
US18-3117770
25,346 SF 3.15 ac lot Built 1995
Last sale Nov 2021 · $3,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space totaling approximately 5,800 square feet, configured with a spacious interior layout that includes a large conference room and multiple individual offices. It is situated on a high-traffic roadway with prominent signage visible from the road, providing commercial visibility and exposure. Spectrum Fiber Internet service is available. The location is near Florida’s Space Coast, surrounded by national retailers and restaurants, with convenient access to FL-528 and proximity to Orlando Melbourne International Airport.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$2.72M
Assessed land$288k
Assessed improvement$2.43M
Effective rate1.36%

Value estimate

· Sep 2026
$3.70M
$3.33M – $4.06M
AI approach$3.59M
Submarket $/SF estimate$4.66M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$177/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$121 – $251
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BU1/BU2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm22.2
Auto Parts Store13.7
Wholesale Shop13.5

Location

115 Alma Blvd Merritt Island, FL 32953-4332
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2425 Courtenay, Merritt Island, FL 32953-4100 $210,000 May 2025 21,328 SF
100 Sea Ray, Merritt Island, FL 32953-4104 $277,000 Mar 2024 26,138 SF
255 Grv, Merritt Island, FL 32953-3421 $775,000 Sep 2023 9,120 SF
100 Parnell, Merritt Island, FL 32953-4898 $935,000 Jan 2022 10,150 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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