I FOR SALE: 21.5 ACRES PRIME REAL ESTATE IN N. MERRITT ISLAND
Nasa Causeway Vehicle Assembly
Location and Property Overview:
The subject property is located on SR 3 on
North Merritt Island, approximately 6 miles
south of the Kennedy Space Center's
employee entrance.
The subject property contains approximately
21.5 acres. The property has1,875 feet of
highway frontage on SR 3 and 500 feet on
Porcher Road. A former citrus grove, the
land has been cleared and fenced. It is
currently zoned commercial (BU-1 and
BU-1A) by Brevard County.
Selling Price: $2,150,000 ($2.29/SF)
North 5 Acre Parcel: $550,000 ($2.53/SF)
*For qualified purchasers
Property Features:
FDOT Infrastructure
Improvements:
$6.9 Million Resurfacing
Contract (SR 3, from Barge
Canal to Kennedy Space
Center)
Project has commenced and is
expected to be completed by
early 2022.
B lue Origin
Booming Residential Growth:
Brevard County Building
Department determined that from
2017 to July 2021, there were 363
residential permits issued in North
Merritt Island. ESRI Demographics
in 2020 indicated that the average
family income is very strong, such as
in a 3 mile radius was $107,277 and
the median income was $92,289.
These numbers show tremendous
potential for retail development.
21.5 Acres - 1,875' on SR
3/500' on Porcher Rd.
Zoned Commercial
Water and Sewer at Site
6 Minutes to Blue Origin and
One Web
Untapped Commercial
Opportunities:
Retail/Office/Medical
Space
Restaurants (Subway,
Fast Food, Sit Down
Casual Dining)
Lab Facilities
(Government, Medical,
Engineering)
48 town homes
approved for
development
Porcher R oad
Judson Road
Courtenay Parkway (SR 3)
Building (VAB)
S ubject
Property
6 Miles to KS C
21.5 Acres
C ity Sewer &
Water
Potential
Traffic Light
Seller Financing Available*
/www.michaelgaich.com
