5030 N Courtenay Pky - Light Distribution FOR SALE


Merritt Island, FL 32953
$1,050,000 USD
305-570-2600
5030 N Courtenay Pky, Merritt Island, FL for Sale
$1,050,000 USD
Light Distribution - FOR SALE
1/15
null | Request Cap Rate

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5030 N Courtenay Pky
Merritt Island, FL 32953


OVERVIEW

5030 N. Courtenay Parkway is a high-visibility commercial property located on one of Merritt Island’s primary north–south corridors. The offering consists of a 1.70-acre parcel improved with an approximately 3,500 SF office/warehouse building, originally constructedin 1982. The property is owner-operated and will be delivered vacant, providing immediate flexibility for an owner-user, investor, or developer. Zoned BU-1 (General Retail Commercial), the site supports a wide range of commercial, service, and retail uses, with additional upside for reconfiguration or future redevelopment due to the low building coverage relative to land size. With significant frontage along North Courtenay Parkway (SR-3), the property benefits from strong daily traffic counts, excellent exposure, and convenient access to the broader Space Coast via SR-528 (Beachline Expressway). The combination of zoning flexibility, visibility, and excess land positions this asset as a compelling long-term investment or owner-user opportunity in a supply-constrained submarket.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,052

ZONING

BU-1

APN/PARCEL ID

23-36-35-00-00255.0-0000.00

ASK ABOUT THIS PROPERTY

Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

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Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.