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Property profile & analytics
OFF-MARKET
Commercial real estate

3900 Courtenay Pkwy Merritt Island, FL 32953

Property ID
US18-2847928
Property summary
AI-generated overview

This exceptional 37-acre parcel presents a unique investment opportunity in Brevard County, Florida. Located at 3900 N Courtenay Pkwy and 165 Gator Drive, Merritt Island, FL 32953 (28.4275484, -80.7036875), this contiguous land boasts 90 feet of frontage on Courtenay Parkway. The property's dual agricultural and residential zoning offers diverse development potential. Its strategic location provides convenient access to key areas: less than 20 minutes to Port St. John, 25 minutes to Titusville, only 9 miles from Cape Canaveral, and 6 miles from Cocoa. This makes it ideal for a variety of uses, from agricultural pursuits to residential development, or a combination thereof. The asking price for this expansive land parcel is $2,400,000. Given its size, location, and zoning, this property represents a compelling investment opportunity with significant upside potential. Serious inquiries are encouraged to explore the possibilities this remarkable land offering presents. The property is situated in Brevard County and offers a rare combination of accessibility and expansive acreage. Don't miss this chance to acquire a substantial land holding in a rapidly growing region of Florida.

Property profile
Verified
Property type Commercial real estate
UPID US18-2847928
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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