850 Courtenay Pkwy Merritt Island, FL 32953
- Grocery and convenience stores
- 1,680 SF
- 0.52 lot acres
Current Use by Public Records
- Auto Depot / Car Dealer
Property Details for 850 Courtenay Pkwy
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.52 lot acres
- Property size
- 1,680 SF
- Zone code
- BU-1
- Property type
- Grocery and convenience stores
- APN
- 24-36-26-02-0000A.1-0000.00
- APU
- 243626020000A1000000
Description
This exceptional 0.5+ acre corner lot, located at 850 N Courtenay Parkway in Merritt Island, Florida (zip code 32953), presents a unique redevelopment opportunity. Zoned BU-1, this property boasts approximately 150 feet of frontage on N Courtenay Parkway, a high-traffic area with an impressive 28,000 AADT (Average Annual Daily Traffic) per FDOT data. Previously occupied by a fuel station, the existing fuel tanks and canopy have been removed, leaving a clean slate for a wide range of commercial ventures. The property's central Merritt Island location offers excellent visibility and accessibility. Built in 1964, this single-unit retail site is ready for its next chapter. The expansive lot size provides ample space for new construction or significant expansion. For investors seeking a flexible option, a ground lease is also available. This is an unparalleled chance to capitalize on a highly desirable location and create a thriving commercial enterprise. The property is situated in Brevard County and offers significant potential for a variety of commercial uses given its size and location. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.7
- Latitude
- 28.3718
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
