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    Property profile & analytics

    1580 Courtenay Pkwy Merritt Island, FL 32953-4422

    • Grocery and convenience stores
    • 2,400 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US18-3047928
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Coinsource Bitcoin ATM / Atm
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Bitbox Bitcoin ATM / Atm
    • bp Merritt Island / Gas Station / Convenience Store
    • bp / Gas Station / Atm

    Property Details for 1580 Courtenay Pkwy

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.67 lot acres
    Property size
    2,400 SF
    Zone code
    BU1
    Property type
    Grocery and convenience stores
    APN
    24-36-23-BX-00000.0-0008.01
    APU
    243623BX000000000801

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $455,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $430,000
      Mixed-Use
      $385,000
      Hospitality
      $495,000
      Educational
      $465,000
      Residential Income
      $370,000
      Energy
      $385,000
      Income-Based Land
      $460,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.7023
    Latitude
    28.3849
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,829
    $321,200
    $237,570
    $558,770
    -
    $321,200
    $237,570
    $558,770

    Comparable in this City

    • Value Estimation by Request
      3,640 SF

      3120 Courtenay Pkwy, Unit 102

      CONVENIENCE STORE (W/FUEL PUMP) • 3,640 SF
      3120 Courtenay Pkwy, Merritt Island, FL 32953-8308
      View Details
    • Value Estimation by Request
      3,362 SF

      2570 Courtenay Pkwy

      CONVENIENCE STORE (W/FUEL PUMP) • 3,362 SF
      2570 Courtenay Pkwy, Merritt Island, FL 32953-4108
      View Details
    • Value Estimation
      $2,430,000
      3,688 SF

      290 Courtenay Pkwy

      CONVENIENCE STORE (W/FUEL PUMP) • 3,688 SF
      290 Courtenay Pkwy, Merritt Island, FL 32953-3403
      View Details
    • Value Estimation by Request
      5,240 SF

      1385 Courtenay Pkwy

      CONVENIENCE STORE (W/FUEL PUMP) • 5,240 SF
      1385 Courtenay Pkwy, Merritt Island, FL 32953-4470
      View Details
    • Value Estimation
      $355,000
      3,266 SF

      2110 Courtenay Pkwy

      CONVENIENCE STORE • 3,266 SF
      2110 Courtenay Pkwy, Merritt Island, FL 32953-4236
      View Details
    • Value Estimation
      $315,000
      2,712 SF

      1105 Courtenay Pkwy

      CONVENIENCE STORE (W/FUEL PUMP) • 2,712 SF
      1105 Courtenay Pkwy, Merritt Island, FL 32953-4558
      View Details

    Similar Nearby for Sale

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      Merritt Island Commercial Property

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      Corner lot retail building with great access and high traffic.
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    Similar Nearby for Lease

    • $16 SF/Yr
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      Merritt Island Retail Space Available

      Neighborhood retail plaza with direct storefront parking and signage.
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    • Contact for pricing
      1,200 SF

      Retail Space in Victoria Square

      Retail space available in a high-traffic shopping center.
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    • $17 SF/Yr
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      Merritt Island Retail Space

      High-traffic retail space, prime location.
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    • $14 SF/Yr
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      201 Crockett Blvd

      Neighborhood centers • 92,741 SF
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      Versatile Merritt Island Commercial Space

      Retail, office, medical, or flex space with high visibility.
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      View Details
    • $27 SF/Yr
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      Merritt Island Retail Space Available

      Retail space in Merritt Island with flexible BU-1 zoning.
      131-141 S Courtenay Pkwy, Merritt Island, FL 32953
      View Details
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    Merritt Island, FL 32953-4422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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