685 Courtenay PkwyMerritt Island, FL 32953

Property Details for 685 Courtenay Pkwy

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.32 AC

Property size (Sq ft)

18,459 SF

Zone code

BU1

Property type

Retail properties

Property subtype

Strip malls

APN

24-36-26-58-00000.0-000A.03

APU

24362658000000000A03

Description

This exceptional 8,356-square-foot retail showroom is available for lease at 685 N Courtenay Pkwy, Merritt Island, FL 32953. Located on a major traffic corridor (N. Courtenay Pkwy/State Road 3) in Brevard County, this single-story, 1966-built property offers unparalleled visibility and accessibility. The entire space is available, providing ample room for a variety of uses, including dance studios, fitness centers, martial arts studios, or other retail businesses. The 1.32-acre lot provides extensive parking for customers and employees. The property benefits from ongoing improvements to N. Courtenay Parkway, including upgraded landscaping, sidewalks, and lighting, enhancing curb appeal and creating a welcoming atmosphere. Its strategic location near major shopping centers, retail outlets, offices, entertainment venues, and residential areas ensures a steady flow of potential customers. The property's proximity to Kennedy Space Center, Cocoa Beach, Port Canaveral, and Orlando provides convenient access for both local and tourist clientele. This prime location also boasts nearby amenities such as a church and bowling alley. The property features a total of 16,668 total building suites.

• CAP approach

  CAP return

  Valuation

  6%

  $6,851,150

  6.5%

  $6,324,138

  7%

  $5,872,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,708,934

  Geo Method

  $7,304,514

• Alternative Use

  Use

  Valuation

  Residential

  $5,334,648

  Hospitality

  $4,886,508

  Educational

  $4,065,518

  Medical

  $4,205,337

  Retail

  $6,324,138

Location Insight

City

Merritt Island

County

Brevard

State

Florida

Latitude

28.3677

Longitude

-80.7007

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].