2625 N Courtenay Pkwy Merritt Island, FL 32953
For Sale
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This exceptional 4,539-square-foot freestanding retail storefront presents a compelling investment opportunity in Merritt Island, Florida. Situated on a prominent 0.95-acre corner lot at the Northwest corner of North Courtenay Parkway and Heidi Lane, this property benefits from excellent visibility and accessibility, directly off State Road 528. Built in 1968, the building is zoned BU-1, offering versatility for a range of retail uses. The property boasts a high traffic count of 34,000 AADT (Average Annual Daily Traffic), ensuring significant exposure to potential customers. Its location on a major thoroughfare in Merritt Island guarantees substantial foot and vehicle traffic. The ample lot size provides ample parking and potential for expansion or future development. The property's parcel number (APN) is 24-36-14-00-261. This prime retail location offers a unique chance to establish or expand a successful business in a thriving community. The property's size, location, and high traffic volume make it an ideal investment for discerning buyers seeking a strong return on investment.
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Curative COVID-19 Test Site Medical Laboratory
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
BU1 · Merritt Island, FLMerritt Island. Always verify with local authorities before improvements.
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.