Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

230 E Merritt Island Cswy 101 Merritt Island, FL 32952

FOR SALE
Retail space
Property ID
US18-6019177
9,792 SF 1.36 ac lot Built 1986
Last sale Jun 2007 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This storefront retail space at 230 E Merritt Island Causeway is configured for street-level customer access and features a newly completed exterior with stucco and glass storefront elements. The interior was improved with a new shell, drywall, drop ceilings, updated lighting, and electrical work. Landscaping and ample on-site parking support customer access. The property fronts SR520, providing visibility to traffic traveling on the causeway, with exposure based on an FDOT traffic count…

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?
$24k
Tax billed · 2023
Assessed value$1.59M
Assessed land$786k
Assessed improvement$804k
Effective rate1.52%

Value estimate

· Nov 2026
$1.35M
$1.22M – $1.49M
CAP approach$1.74M
Submarket $/SF estimate$812k
NOI build-up
Gross scheduled income$292k
Vacancy & credit loss−$25k
Operating expenses−$80k
NOI · 8,131.04% cap applied$187k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$161/SF
County average, outlier-cleaned · 220 recorded sales of this use type
Observed band · Q1–Q3$89 – $249
Qualifying comparables7

Cap rate analysis

How does the asset earn?
8,131.04%
$187k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BU-2
The BU-2 retail, warehousing and wholesale commercial zoning classification encompasses lands devoted to general retail and wholesale bus...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.9
Laundry Service8.3
HVAC Service8.0

Location

230 E Merritt Island Cswy, Unit 101 Merritt Island, FL 32952
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
172 Merritt Is, Merritt Island, FL 32952-3635 $1,300,000 Jul 2024 6,866 SF
1750 Sea Ray, Merritt Island, FL 32952-5463 $140,000 Sep 2020 3,400 SF
225 Courtenay, Merritt Island, FL 32952-4856 $1,793,694 Aug 2019 7,573 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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