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Property profile & analytics
OFF-MARKET
Commercial real estate

475 Pine Island Rd Merritt Island, FL 32953

Property ID
US18-6431051
Property summary
AI-generated overview

This exceptional 213,008 square foot property in Merritt Island, Florida, presents a unique opportunity. Located at 475 Pine Island Road, zip code 32953, this nearly five-acre parcel offers a blend of commercial and residential potential. Approximately 1.36 acres are high and dry, providing a solid foundation for development. The land boasts mature trees and lush vegetation, ensuring a private and tranquil setting. Imagine building your custom home, a barn, or expansive gardens amidst this peaceful environment. The property's convenient location offers easy access to a variety of amenities and attractions. Nearby, you'll find the Pine Island Nature Conservation area, featuring a kayak launch, observation deck, and over seven miles of hiking trails. Historic sites like Sam's House are also within reach. Furthermore, the property's proximity to Kennedy Space Center, SpaceX, Blue Origin, Port Canaveral, Orlando, and the beaches adds to its appeal. A survey and environmental study are readily available for review, providing comprehensive information for potential buyers. This is an exceptional opportunity to create your ideal space in a desirable location. The asking price is $205,000.

Property profile
Verified
Property type Commercial real estate
UPID US18-6431051
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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