Realmo Analytics

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

Property profile

370 N Banana River Dr Merritt Island, FL 32952

FOR SALE
Office buildings
Property ID
US18-0308262
1,961 SF 0.53 ac lot Built 1965
Last sale Mar 2020 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving childcare facility and accompanying real estate in Merritt Island, Florida. The property, located at 370 N Banana River Dr, 32952, boasts two buildings totaling 2,703 square feet on over half an acre. Built in 1946, the buildings are situated in a desirable, restricted neighborhood zoned B-1-A, offering significant potential for continued operation and expansion. The substantial 2,703 square feet of air rights further enhances the…

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?
$4k
Tax billed · 2023
Assessed value$278k
Assessed land$126k
Assessed improvement$152k
Effective rate1.56%

Value estimate

· Oct 2026
$705k
$635k – $776k
AI approach$720k
CAP approach$440k
Submarket $/SF estimate$470k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$117 – $240
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BU1A
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm12.0
Hair Salon10.0
Kitchen & Bath9.2

Location

370 N Banana River Dr Merritt Island, FL 32952
County assessor Recorded deeds · 3 transfers 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
140 Imperial, Merritt Island, FL 32952-3630 $316,900 Oct 2024 1,568 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

Ask Rey → ChatGPT Grok Claude
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