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Property profile & analytics
OFF-MARKET
Commercial real estate

420 Plumosa St Merritt Island, FL 32952

42,689 SF 0.98 ac lot Built 1960
Property ID
US18-2451931
Property summary
AI-generated overview

This exceptional mixed-use property, located at 420 S Plumosa St, Merritt Island, FL 32952, presents a compelling investment opportunity. The property encompasses a sizable 0.98-acre lot (approximately 42,689 square feet), featuring a 1,120 square foot single-family home built in 1960. The flexible zoning allows for a diverse range of uses, seamlessly blending residential comfort with commercial possibilities. The expansive lot offers ample space for outdoor activities, additional parking, or future development projects. This strategic location in a thriving area of Merritt Island provides easy access to local amenities, schools, and major transportation routes, making it an attractive proposition for both residential and commercial ventures. The property's versatility makes it suitable for a variety of business endeavors or potential residential conversion. The substantial lot size and existing structure provide a solid foundation for immediate use and future expansion, making this a truly unique opportunity in Brevard County. The asking price for this remarkable property is $595,000. This one-story building presents a rare chance to acquire a significant parcel of land with existing improvements in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 42,689 SF
Lot 0.98 ac (42,689 SF)
UPID US18-2451931
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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