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    Property profile & analytics

    530 Merritt Is Cswy Merritt Island, FL 32952-3505

    • Turn key restaurants
    • 5,363 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-4715558
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • It's Just Wings / Chicken Restaurant / Lunch Restaurant
    • Chili's Grill & Bar / Restaurant / Tex-Mex Restaurant

    Property Details for 530 Merritt Is Cswy

    Year built
    1994
    Construction
    WOOD
    Lot size
    0.75 lot acres
    Property size
    5,363 SF
    Zone code
    BU2
    Property type
    Turn key restaurants
    APN
    24-36-36-25-00000.0-0007.01
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.6899
    Latitude
    28.3578
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,963
    $435,630
    $594,810
    $1,030,440
    -
    $435,630
    $594,810
    $1,030,440

    Comparable in this City

    • Value Estimation by Request
      3,071 SF

      580 Merritt Is Cswy

      RESTAURANT • 3,071 SF
      580 Merritt Is Cswy, Merritt Island, FL 32952-4812
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    • Value Estimation
      $1,595,000
      5,419 SF

      75 Merritt Is Cswy

      RESTAURANT • 5,419 SF
      75 Merritt Is Cswy, Merritt Island, FL 32952-3632
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    • Value Estimation by Request
      9,414 SF

      215 Merritt Is Cswy

      RESTAURANT • 9,414 SF
      215 Merritt Is Cswy, Merritt Island, FL 32952-3636
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    • Value Estimation
      $2,115,000
      6,455 SF

      1580 Merritt Is Cswy

      RESTAURANT • 6,455 SF
      1580 Merritt Is Cswy, Merritt Island, FL 32952-2612
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    • Value Estimation by Request
      3,648 SF

      790 Merritt Is Cswyakn

      RESTAURANT • 3,648 SF
      790 Merritt Is Cswyakn, Merritt Island, FL 32952-3549
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    • Value Estimation by Request
      8,963 SF

      777 Merritt Is Cswy

      RESTAURANT • 8,963 SF
      777 Merritt Is Cswy, Merritt Island, FL 32952-3576
      View Details

    Similar Nearby for Sale

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      Well-established restaurant on high-traffic SR 520 in Merritt Island.
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    Similar Nearby for Lease

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      Merritt Island Retail Opportunity

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    • Contact for pricing
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      Retail/Office space with high visibility in Merritt Island, FL.
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      Merritt Island Causeway Retail Space

      Prime Retail & Office Opportunity: 66,318 SF
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      Remodeled Retail Space For Rent

      Remodeled 680 SF retail space in thriving shopping center.
      128 E Merritt Island Cswy, Merritt Island, FL 32952
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    Property Visit Statistics

    • Visits by month
      5.9k
    • Visitors by month
      5.4k
    • Avg Time on site
      30 min
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    Merritt Island, FL 32952-3505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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