Property profile

195 Courtenay Pkwy Merritt Island, FL 32952

OFF-MARKET
Medical Office Space
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Property ID
US18-3869941
4,224 SF 0.5 ac Built 1987
Last sale Mar 2024·$725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 1,949 square foot medical or professional office space presents a fantastic leasing opportunity. Located just 0.13 miles south of Highway 520 on South Courtenay Parkway, this highly visible property boasts 31,000 daily passing vehicles. The single-story building, constructed in 1987 and extensively renovated in 2024, offers an outstanding layout perfect for medical practices. Features include five plumbed exam rooms, three bathrooms, a private office, a reception area, a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$610k
Assessed land$109k
Assessed improvement$501k
Effective rate1.42%

Value estimate

· Nov 2026
$725k
$653k – $798k
AI approach$725k
CAP approach$820k
Submarket $/SF estimate$774k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$95 – $230

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?
RP
The RP residential-professional zoning classification encompasses land devoted to a mixture of professional and residential uses. Princip...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
HVAC Service9.7
Pharmacy9.4

Location

195 Courtenay Pkwy Merritt Island, FL 32952-4823
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
215 Cone, Merritt Island, FL 32952-3114 $1,960,000 Mar 2019 5,405 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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