300 Fortenberry RdMerritt Island, FL 32952

Property Details for 300 Fortenberry Rd

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.45 AC

Property size (Sq ft)

3,476 SF

Zone code

BU2

Property type

Medical offices

Property subtype

Medical space

APN

24-36-35-02-00000.0-038A.01

APU

24363502000000038A01

Description

This exceptional opportunity presents 1,500 square feet of vacant space for lease within a 3,344 square foot medical office building at 300 Fortenberry Rd, Merritt Island, FL 32952. Located in Brevard County, this single-tenant building offers three distinct office suites ideal for healthcare professionals seeking a collaborative and prestigious environment. The property boasts approximately 22 parking spaces, ensuring ample convenience for patients and staff. Each suite is designed for productivity and confidentiality, and the shared reception area provides a professional and welcoming experience for clients. This is a perfect setting for healthcare providers, wellness practitioners, or consultants seeking a synergistic environment within a well-established OBGYN practice. The location offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their presence in the thriving Merritt Island market. The available space provides a unique chance to benefit from a shared reception area and the potential for interdisciplinary collaboration and networking opportunities. This is an unparalleled opportunity to establish your practice within a reputable and established medical setting.

• CAP approach

  CAP return

  Valuation

  6%

  $903,009

  6.5%

  $833,547

  7%

  $774,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $566,049

  Geo Method

  $545,836

• Alternative Use

  Use

  Valuation

  Residential

  $1,033,598

  Hospitality

  $946,770

  Educational

  $787,702

  Medical

  $814,792

  Retail

  $1,225,314

Location Insight

City

Merritt Island

County

Brevard

State

Florida

Latitude

28.3543

Longitude

-80.6942

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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