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Property profile & analytics
OFF-MARKET
Commercial real estate

690 Chase Hammock Rd Merritt Island, FL 32953

Property ID
US18-6817405
Property summary
AI-generated overview

This exceptional 108,900 square foot lot presents a unique investment opportunity in Merritt Island, Florida. Located at 690 Chase Hammock Road, 32953, this property offers a blend of commercial and residential zoning (Residential Agricultural), providing flexibility for diverse development plans. The expansive 2.5-acre parcel is situated in a desirable North Merritt Island neighborhood, combining tranquility with convenient access to major attractions. Enjoy the rustic charm while benefiting from proximity to the Kennedy Space Center, Port Canaveral, and the beautiful beaches. This prime location offers unparalleled potential for various ventures, from residential construction to commercial development. The property's size and zoning make it suitable for a range of projects, catering to both residential and commercial needs. A survey is readily available for review, providing detailed information about the land's boundaries and features. This is an exceptional chance to acquire a substantial piece of land in a thriving Florida community, offering both investment potential and lifestyle benefits. Don't miss this opportunity to secure this versatile property in a highly sought-after area. The asking price is $225,000.

Property profile
Verified
Property type Commercial real estate
UPID US18-6817405
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
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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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