Multi-Office Professional
1801 N Wickham Road #4, Melbourne, FL 32935
For Sale
Contact for pricing
The suite includes several office and work areas, with on-site parking for employees and visitors.
Property Size4,859 SF
Price / SF$0.26
Days on Market91
Property Features for 1801 N Wickham Road #4
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Building Details
Year Built
Listing Agency:
D. Basile Real Estate, LLC
(321) 751-4500
Listed By:
Louie Polsinelli · License FL #3030685
(321) 960-0908
Source:
Mccoyfreeman
Added: Aug 14
Changed: Nov 11
Last Checked: Nov 12 at 5:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of D. Basile Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,859-square-foot office unit at 1801 N Wickham Road, Suite 4, dates to 1982. Its layout includes multiple offices and work areas, with potential for a reception area. On-site parking serves the property.
The address is on Wickham Road in Melbourne, with access to I-95 and US-1. Nearby context includes established businesses, retail, dining, and residential neighborhoods.
The address is on Wickham Road in Melbourne, with access to I-95 and US-1. Nearby context includes established businesses, retail, dining, and residential neighborhoods.
Key Highlights
- 4,859‑square‑foot office unit
- Multiple offices and work areas, with reception‑area potential
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,384
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,327,680
$1.3M
Cap Rate 7%
$948,343
$948.3K
Cap Rate 9%
$737,600
$737.6K
Market Conditions
NOI Build-Up for 4,859 SF
Gross rent
$96.2K $19.80/SF
− Vacancy
−$7.7K −$1.58/SF
EGI
$88.5K $18.22/SF
− OpEx
−$22.1K −$4.55/SF
NOI
$66.4K $13.66/SF
Area
Brevard County, FL
Vacancy
8.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,327,680
Cap Rate 7%
$948,343
Cap Rate 9%
$737,600
Alternative Uses
Best Use
Office B
$948.3K
$829.8K – $1.11M
NOI $66,384 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,182 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 32935, FL
41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Melbourne, FL
Properties on Market for Office Units in Melbourne
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes several office and work areas, with on-site parking for employees and visitors.
Where is this office unit located?
The property is located at 1801 N Wickham Road #4 Melbourne, FL.
What are key features of this property?
This property features: 4,859‑square‑foot office unit; Multiple offices and work areas, with reception‑area potential; On‑site parking
