2137 Courtenay Pkwy Merritt Island, FL 32953-4255
The Village Shops of Merritt Island offers exceptional retail opportunities in a thriving Brevard County neighborhood. This 14,144 square foot plaza, built in 1977 and zoned BU-1, sits on a 1.37-acre lot and provides convenient storefront parking. Two spaces are currently available, ranging from 750 to 1,990 contiguous square feet, with a minimum divisible space of 750 square feet. The property boasts a highly visible location on Merritt Island's main north/south thoroughfare, ensuring excellent exposure to a substantial customer base. Its convenient placement just north of Skyline Boulevard further enhances its accessibility and desirability. The plaza offers monument and building signage opportunities, allowing businesses to effectively promote their brands. This established neighborhood center presents a unique chance to establish or expand a retail presence in a high-traffic area with easy access and strong visibility. The flexible space options cater to a variety of retail needs, making it an ideal location for businesses seeking a prominent and accessible storefront in a well-established commercial area. The property's location and features make it an attractive investment for businesses seeking a strong foothold in the Merritt Island market.
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Tillman's Barbershop LLC Barber Shop
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WJS Outdoors (Bike/Boat/Book/etc) Store
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NR Supply Building Supply Hardware & Home Improvement
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Salon Tropics LLC Hair Salon
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Chi Lin Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.