Renovated Office
2330 N Wickham Road, Melbourne, FL 32935
For Sale
Contact for pricing
Four private offices, updated A/C, and pylon signage support a range of business uses.
Property Size24,900 SF
Price / SF$0.16
Days on Market51
Property Features for 2330 N Wickham Road
General Information
Standard status
Size
Additional Details
Utilities to Site
Amenities
waiting area
pylon signage
Listing Agency:
Blue Marlin Real Estate
(321) 877-2902
Listed By:
Michael Joseph DeVivo
(631) 402-4695
Source:
Startbrevardsearch
Added: Sep 20
Changed: Nov 8
Last Checked: Nov 8 at 5:48AM
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 Blue Marlin Real Estate
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Investment Insights
Based on property information with market context.
Renovated office unit with four private offices and a waiting area. The space includes updated A/C, 220V power, gas capability, a wash station, and numerous electrical outlets. Ample on-site parking supports daily operations and visitor access.
The property fronts N Wickham Road near Lake Washington Road in Melbourne, Florida. Positioned along a high-traffic corridor, the center includes pylon signage for business identification and exposure. The office configuration and utility features accommodate a range of business uses.
The property fronts N Wickham Road near Lake Washington Road in Melbourne, Florida. Positioned along a high-traffic corridor, the center includes pylon signage for business identification and exposure. The office configuration and utility features accommodate a range of business uses.
Key Highlights
- Four private offices plus a waiting area
- Updated A/C, 220V power, gas capability, and wash station
- Ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$340,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,803,680
$6.8M
Cap Rate 7%
$4,859,771
$4.9M
Cap Rate 9%
$3,779,822
$3.8M
Market Conditions
NOI Build-Up for 24,900 SF
Gross rent
$493.0K $19.80/SF
− Vacancy
−$39.4K −$1.58/SF
EGI
$453.6K $18.22/SF
− OpEx
−$113.4K −$4.55/SF
NOI
$340.2K $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%
$6,803,680
Cap Rate 7%
$4,859,771
Cap Rate 9%
$3,779,822
Alternative Uses
Best Use
Retail
$5.14M
$4.50M – $6.00M
NOI $359,860 @ 7.0% cap · market cap 9,210.65%
Second Best
Office B
$4.86M
$4.25M – $5.67M
NOI $340,184 @ 7.0% cap · market cap 8,707.04%
Theoretical Best
Office A
$7.26M
$6.35M – $8.47M
NOI $508,259 @ 7.0% cap · market cap 13,008.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
655
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
$240,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Four private offices, updated A/C, and pylon signage support a range of business uses.
Where is this office unit located?
The property is located at 2330 N Wickham Road Melbourne, FL.
What are key features of this property?
This property features: Four private offices plus a waiting area; Updated A/C, 220V power, gas capability, and wash station; Ample on‑site parking
