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Property profile

777 Merritt Is Cswy Ste K3 Merritt Island, FL 32952

OFF-MARKET
Super regional malls
Property ID
US18-6019855
558,559 SF 55.06 ac lot Built 1970
Last sale Dec 2002 · $32,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Merritt Square Mall presents a unique opportunity for retailers seeking high-traffic locations in Brevard County, Florida. This enclosed shopping mall boasts 811,277 square feet of total space, with 192,501 square feet currently vacant and available for lease. Units range from a minimum of 565 square feet to a maximum contiguous space of 120,000 square feet, offering flexibility for businesses of various sizes. The mall enjoys a highly desirable location on State Road 520, just three miles…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$317k
Tax billed · 2023
Assessed value$20.00M
Assessed land$12.59M
Assessed improvement$7.41M
Effective rate1.59%

Value estimate

· Oct 2026
$43.68M
$39.31M – $48.04M
Submarket $/SF estimate$42.55M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$138/SF
County average, outlier-cleaned · 148 recorded sales of this use type
Observed band · Q1–Q3$76 – $228

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BU-1
The BU-1 general retail commercial zoning classification encompasses land devoted to general retail shopping, offices and personal servic...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand index
HVAC Service14.6
Parking Facility12.5
Auto Parts Store11.4

Location

777 Merritt Is Cswy Ste K3 Merritt Island, FL 32952-3501
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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