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Property summary
This exceptional investment opportunity presents a thriving childcare facility and accompanying real estate in Merritt Island, Florida. The property, located at 370 N Banana River Dr, 32952, boasts two buildings totaling 2,703 square feet on over half an acre. Built in 1946, the buildings are situated in a desirable, restricted neighborhood zoned B-1-A, offering significant potential for continued operation and expansion. The substantial 2,703 square feet of air rights further enhances the… property's development possibilities. This turnkey business is ideally positioned to serve the growing family community along the intercoastal waterway of Merritt Island, providing a safe and engaging environment for children on the Space Coast. The existing infrastructure and established clientele base create a strong foundation for immediate returns and future growth. This is a rare opportunity to acquire a well-established business with significant real estate assets in a prime location. The property's size and zoning provide flexibility for potential expansion or adaptation to meet evolving market demands. This is an ideal investment for those seeking a stable, high-demand business with considerable long-term growth potential. The property's location in Brevard County, Florida, offers easy access to major roadways and amenities, making it highly attractive to both current and prospective clients. This is a unique opportunity to own a successful business and valuable real estate in a thriving community. The asking price for this exceptional property is $799,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,961 SF
- Lot area
- 0.53 ac
- Year built
- 1965
- Stories
- 1
- APN
- 24-37-30-75-0000N.0-0008.00
- Zoning
- BU1A
- Assessed value · 2023
- $278,320
- Annual tax · 2023
- $4,333
- Office Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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