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Property profile & analytics
OFF-MARKET
Car washes

100 Lucas Rd Merritt Island, FL 32953-4517

1,652 SF 0.35 ac lot Built 1968
Individually Owned 9-yr Hold Free & Clear
Property ID
US18-2866409
Property summary
AI-generated overview

This exceptional mixed-use property at 100 Lucas Road, Merritt Island, FL 32953, presents a lucrative investment opportunity. Built in 1968, this two-story building sits on a substantial 15,246 square foot lot and offers a diverse range of income streams. Currently configured as a multi-use space, the property includes leasable office space, a two-bedroom residential unit on the upper floor, and a profitable car wash. An attached garage and a separate storage building provide additional utility and potential rental income. The property benefits from excellent visibility, with multiple signage locations, including prominent placement on Courtenay and Lucas Roads, and behind a 7-Eleven. Recent improvements include fresh paint and newer roofs, minimizing immediate maintenance needs. This well-maintained property is ideally situated in Brevard County, offering easy access to local amenities and a strong potential for continued growth. The asking price is $495,000. This is a rare chance to acquire a versatile, income-generating asset in a desirable Florida location. Contact us today to schedule a showing.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,652 SF
Lot 0.35 ac (15,246 SF)
Zoning code BU1
APN 24-36-23-BX-00000.0-0031.03
UPID US18-2866409
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
William Davidson · 9 yrs held
William Davidson
since 2017
1 recorded transaction
2017
$130,000
Zoning & alternative use
BU1 · Merritt Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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