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    8490 N Wickham Rd Melbourne, FL 32940

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    For Lease
    Contact for pricing

    3,230 SF retail space with high visibility and access.

    Property size:
    3,230 SF
    Lot size:
    1.61 Acres

    Property Features for 8490 N Wickham Rd

    General Information

    Size
    3,230 SF
    Lot size
    1.61 Acres

    Source: Atlantic Retail | West Palm Beach Agent Greg Godino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Space Near I-95

    This 3,230 square foot freestanding former bank building is situated on 1.6 acres, with 1.2 acres being useable. The property benefits from cross access to a signalized intersection shared with Walmart, Hobby Lobby, Ross, and Petco. Located on N Wickham Rd, it offers excellent visibility with an average daily traffic count of 37,500 vehicles. The property is adjacent to I-95 and in close proximity to Viera Hospital, which has 97 beds, and Brevard Municipal Offices. The West Viera area experienced a 24% growth between 2020 and 2024, reaching a population of 17,511 residents, with a projected annual growth of 4.6% through 2040. The nearby Walmart is a strong performer, attracting 2.4 million visits in the past year. This property is suitable for various retail purposes, benefiting from its location and accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.7234155
    Latitude
    28.2306546

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    FAQs

    What type of property is this?
    Bank - 3,230 SF retail space with high visibility and access.
    Where is this bank located?
    The property is located at 8490 N Wickham Rd Melbourne, FL.
    What are key features of this property?
    This property features: - Excellent visibility on N Wickham Rd (37,500 ADT) adjacent to I-95; - Cross access to signalized intersection shared with Walmart, Hobby Lobby, Ross and Petco; - Strong performing Walmart with 2.4M visits in the past year
    (561) 427-6699
    Request Owner's contact information
    8490 N Wickham Rd Melbourne, FL 32940
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    Melbourne, FL 32940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8490 N Wickham Rd Melbourne, FL 32940
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