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Property profile & analytics
OFF-MARKET
Commercial land
330 Fortenberry Rd, Merritt Island, FL 32952-3621
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6902975
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.36 ac (15,682 SF)
Zoning code
BU-2
APN
24-36-35-02-00000.0-038A.03
UPID
US18-6902975
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
Current use
Occupant on record · Public records
-
Island Dog Self Service Dog Wash Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Anthony G Lacourt · 5 yrs held
Anthony G Lacourt
since 2021
Last sale
$122,500
7 recorded transactions
Zoning & alternative use
BU-2 · Merritt Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Merritt Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merritt Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$967
Tax year 2023
Assessed value
$78,720
Assessed 2023
Previous assessed
$78,720
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$78,720
Land market value
$78,720
Total market value
$78,720
Applied tax rate
2,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
YES
Cooling
YES
Lot
0.36 ac (15,682 SF)
Zoning code
BU-2
APN
24-36-35-02-00000.0-038A.03
UPID
US18-6902975
Jurisdiction
BREVARD
Zoning & alternative use
BU-2 · Merritt Island, FL
Zoning BU-2 · permitted uses
BU-2 · Merritt Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merritt Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Lot
0.36 ac
Current owner
From public records · entity-resolved
Anthony G Lacourt
Individual
Mailing address
350 FORTENBERRY RD, MERRITT ISLAND, FL 32952-3621
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2025
—
Anthony G Lacourt
—
Deed
related
$150,000 · John J Lagges
Apr 9, 2021
$122,500
Anthony G Lacourt
Mark E Powers
Warranty Deed
$82,500 · Mark E Powers Etux
Jun 14, 2019
$109,000
Mark E Powers
Fout,david & Kathleen
Warranty Deed
—
Apr 30, 2015
$85,000
David Fout
Armonas Mary C
Warranty Deed
—
Feb 4, 2013
—
Tropical Investments LLC
Armonas Mary C Trust
Quit Claim Deed
related
—
Dec 2, 2008
—
Armonas Mary C Trust
Seaspray Ltd LLC
Grant Deed
—
Apr 25, 2008
—
Armonas Mary C Trust
Seaspray Ltd LLC
Grant Deed
related
—
Dec 23, 2004
—
Seaspray Ltd LLC
Armonas,andrew & Mary C
Quit Claim Deed
related
—
Nov 9, 2004
$631,000
Andrew Armonas
Berman,lewis H
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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