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    Property profile & analytics
    OFF-MARKET
    Commercial land

    4555 Courtenay Pkwy, Merritt Island, FL 32953-7921

    1.48 ac lot
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US18-6537778
    Property summary
    AI-generated overview

    This exceptional 64,468.8 square foot commercial lot, located at 4555 N Courtenay Parkway in Merritt Island, Florida (zip code 32953), presents a unique investment opportunity. Built in 2023, this single-story, one-unit retail property boasts unparalleled visibility and accessibility. Situated on North Courtenay Parkway, the property benefits from high daily traffic volume, with thousands of cars passing by daily en route to and from the Kennedy Space Center. This translates to significant potential for attracting a wide customer base. The property is zoned BU-1-A, a restricted neighborhood retail commercial zoning classification designed to serve nearby residential areas with limited retail shopping and personal services. A list of approved businesses for this site is available through Brevard County. The asking price for this prime retail location is $325,000. This represents a compelling opportunity to establish a thriving business in a high-demand area with excellent visibility and convenient access. The property's size and zoning provide flexibility for a variety of retail ventures. Don't miss this chance to secure a prominent location in a thriving community.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.48 ac (64,469 SF)
    Zoning code BU-1-A
    APN 23-36-34-00-00767.0-0000.00
    UPID US18-6537778
    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
    • Salty Bean Cafe & Coffee Shop
    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
    Matthew Edward Kateb · 4 yrs held
    Matthew Edward Kateb
    since 2021
    Last sale
    $155,000
    4 recorded transactions
    2021
    $155,000
    2017
    $95,000
    2006
    $135,000
    2005
    $125,000
    Zoning & alternative use
    BU-1-A · Merritt Island, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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