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645 S Courtenay Parkway Merritt Island - 645 S Courtenay Pkwy 1.86 Acres of Commercial Land Offered at $725,000 in Merritt Island, FL 32952
Investment Highlights
- Situated along S Courtenay Street with convenient access to major thoroughfares, retail corridors, and nearby amenities.
- Located within an established submarket benefiting from steady demand and limited comparable supply.
- The property features a functional layout suitable for a variety of users or investment strategies.
- Suitable for investors seeking stable cash flow or owner-users looking for long-term occupancy.
Executive Summary
Conveniently situated in Merritt Island, FL, this prime location boasts a diverse range of attractions and amenities for prospective investors. Nearby, the Merritt Island National Wildlife Refuge offers a captivating natural escape, while the bustling retail areas along Courtenay Parkway present an enticing opportunity for retail investment. With a growing population and strong demand for commercial space, the area provides a compelling proposition for land and retail investors. Whether it's the proximity to renowned local businesses or the scenic beauty of the surrounding landscape, the location offers an array of advantages for those looking to capitalize on this vibrant community.
Property Facts
| Price | $725,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.86 AC |
| Property Type | Land | ||
| Zoning | BU-2 - Commercial | ||
| Price | $725,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.86 AC |
| Zoning | BU-2 - Commercial |
1 Lot Available
Lot
| Price | $725,000 | Lot Size | 1.86 AC |
| Price Per AC | $389,784.95 |
| Price | $725,000 |
| Price Per AC | $389,784.95 |
| Lot Size | 1.86 AC |
Two Parcels
Description
Discover an exceptional investment opportunity at this prime property located in the sought-after Merritt Island area. Zoned BU-2, this versatile space offers endless potential for a range of retail ventures, from boutique shops to commercial developments. Boasting a strategic location in a thriving commercial district, this property presents an ideal chance for savvy investors to capitalize on the area's strong growth and demand. With its prime zoning and strategic positioning, this property is perfectly poised to become a flagship destination for retail and commercial enterprises seeking to establish a prominent presence in Merritt Island's bustling market.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
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