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Property profile & analytics
OFF-MARKET
Neighborhood centers

925 Courtenay Pkwy Merritt Island, FL 32953

17,258 SF Built 1997
Property ID
US18-0639827
Property summary
AI-generated overview

This exceptional Merritt Island retail property, located at 925 N Courtenay Pkwy, 32953, offers 17,258 square feet of space in a single-story building constructed in 1997. The property sits on a 3.17-acre lot and features 29 suites, with 11,418 square feet currently vacant. Minimum divisible space is 600 square feet, with a maximum contiguous space of 10,000 square feet available. The building boasts a 14-foot ceiling height and ample parking with 105 spaces. Benefit from a high-traffic location with a daily count of 35,700 vehicles (per FDOT 2009 AADT) and recent renovations, including a new 20-foot pylon sign. The property is zoned BU-1 and enjoys proximity to major destinations like Kennedy Space Center, Cocoa Beach, Port Canaveral, and Orlando. This location offers a blend of high visibility and a built-in customer base due to nearby residential areas. One remaining unit (600 sq ft) is available. The property's APN is 24-36-26-BX-*-44.03, located in Brevard County, Florida. This is a rare opportunity to secure retail space in a thriving area.

Property profile
Verified
Property type Neighborhood centers
Year built 1997
Total area 17,258 SF
UPID US18-0639827
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
Current use
Occupant on record · Public records
  • Yaakuza Japanese Thai Fusion & Sake Bar Restaurant
  • Tetra Horizon | Marijuana Doctor Physician
  • Chris & Company (Formerly Chris’ Barbershop) Barber Shop
  • Tricon Development Inc Construction Company General Contractor
  • Smoke Rings 72 Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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