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Property summary
Merritt Island Square, located at 715 N Courtenay Pkwy, Merritt Island, FL 32953, presents a significant retail investment opportunity. This single-story, 74,543 square foot building sits on a 6.4-acre lot (278,784 sq ft) and features 16 suites, with a minimum divisible space of 1,850 sq ft and a maximum contiguous space of 35,000 sq ft. Currently, 20,662 sq ft is vacant. Built in 1966 and renovated in 2020, the property boasts 17-19 foot ceilings and ample parking for 375+ vehicles. The… property is zoned BU-1 General Retail Commercial (APN: 24-36-26-BX-*-58) and benefits from a highly visible location on N. Courtenay Pkwy, near the intersection with a traffic count exceeding 33,000 vehicles daily. The center is anchored by established national tenants. The property's location within Brevard County provides access to a substantial consumer base of over 100,000 residents within a five-mile radius, exhibiting high average household income ($79,511) and home value ($375,000). This area demonstrates significant consumer spending, totaling $1 billion annually, with notable allocations to food and beverage, entertainment, and apparel. The property offers excellent visibility and accessibility, making it an ideal location for businesses seeking to capitalize on the thriving retail environment of Merritt Island.
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.
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 Nearby 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
- 74,543 SF
- Lot area
- 6.4 ac
- Year built
- 1966
- Stories
- 2
- APN
- 24-36-26-BX-00000.0-0058.00
- Zoning
- BU-1
- Assessed value · 2023
- $5,189,790
- Annual tax · 2023
- $90,928
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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.
Official district profile
The BU-1 general retail commercial zoning classification encompasses land devoted to general retail shopping, offices and personal services to serve the needs of the community. Where this zoning classification is present…
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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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
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