1850 Merritt Island CswyMerritt Island, FL 32952

  • Retail properties
  • 36,522 SF
For Lease
$13.57/SF/YR View listing

Property Details for 1850 Merritt Island Cswy

Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.92 AC
Property size (Sq ft)
36,522 SF
Zone code
BU-2
Property type
Retail properties
Property subtype
Other automotive properties
APN
24-37-31-00-00001.1-0000.00
APU
9223372036854775807

Description

This exceptional commercial property, located at 1850 E Merritt Island Causeway, presents a unique investment opportunity. The listing encompasses the west building, totaling 66,318 square feet, and is zoned BU2. This single-tenant property sits on a substantial 6.92-acre lot (APN: 24-37-31-00-00001.1-0000.00). The building's versatile layout includes approximately 20,000 square feet of high-quality professional and executive office space, ideal for a variety of businesses. In addition to the office space, there's a significant 30,000 square feet dedicated to service bays, warehouse space, and storage areas, providing ample room for operations and inventory. A remarkable feature is the 17,000 square foot amenity area, offering a diverse range of spaces including a restaurant, gym, playroom, daycare center, movie theater, multiple conference rooms, a barbershop, and a game room. This expansive amenity space presents significant potential for employee retention, tenant attraction, or even independent revenue streams. The property's former use as a car dealership speaks to its adaptability and inherent functionality. This is a rare opportunity to acquire a large, well-appointed commercial property with significant potential for diverse uses and substantial returns. Serious inquiries only.

1850 Merritt Island Cswy, Merritt Island, Florida

Location Insight

City
Merritt Island
County
Brevard
State
Florida
Latitude
28.3584
Longitude
-80.6635
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$79,050
$1,807,790
$3,546,530
$5,354,320
-
$1,807,790
$3,546,530
$5,354,320

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