Office Unit with Multiple
For Sale
Contact for pricing
1801 N Wickham Road #3, Melbourne, FL 32935
A multi-office layout includes separate work areas and room for a reception function.
Property Size4,859 SF
Price / SF$0.26
Days on Market78
Property Features for 1801 N Wickham Road #3
General Information
Standard status
Active
Size
4,859 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1982
Listing Agency:
D. Basile Real Estate, LLC
(321) 751-4500
Listed By:
Louie Polsinelli · License #3030685
(321) 960-0908
Source:
Mccoyfreeman
Added: Aug 14
Changed: Oct 29
Last Checked: Oct 29 at 2:51PM
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
Ask AI about this property
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 3, was built in 1982. Its interior includes multiple offices and work areas, with potential for a reception area. On-site parking is available.
The property sits along Wickham Road, with access to I-95 and US-1. Nearby uses include established businesses, retail, dining, and residential areas.
The property sits along Wickham Road, with access to I-95 and US-1. Nearby uses include established businesses, retail, dining, and residential areas.
Key Highlights
- 4,859‑square‑foot office unit
- Built in 1982
- Multiple offices and work areas, with potential for reception space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,121
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,322,420
$1.3M
Cap Rate 7%
$944,586
$944.6K
Cap Rate 9%
$734,678
$734.7K
Market Conditions
NOI Build-Up for 4,859 SF
Gross rent
$105.0K $21.60/SF
− Vacancy
−$16.8K −$3.46/SF
EGI
$88.2K $18.14/SF
− OpEx
−$22.0K −$4.54/SF
NOI
$66.1K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,322,420
Cap Rate 7%
$944,586
Cap Rate 9%
$734,678
Alternative Uses
Best Use
Office B
$944.6K
$826.5K – $1.10M
NOI $66,121 @ 7.0% cap · market cap 5,289.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,736 @ 7.0% cap · market cap 7,178.88%
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
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A multi-office layout includes separate work areas and room for a reception function.
Where is this office unit located?
The property is located at 1801 N Wickham Road #3 Melbourne, FL.
What are key features of this property?
This property features: 4,859‑square‑foot office unit; Built in 1982; Multiple offices and work areas, with potential for reception space
