Cosmetology Retail
For Sale
Contact for pricing
4301 N Wickham Road #7, Melbourne, FL 32935
The salon layout includes multiple work and wash stations, built-in cabinetry, and washer and dryer hookups.
Property Size14,820 SF
Price / SF$0.13
Days on Market33
Property Features for 4301 N Wickham Road #7
General Information
Standard status
Active
Size
14,820 SF
Property subtype
Business
Amenities
work stations
wash stations
built in cabinets
washer/dryer hookups
Building Details
Year Built
1999
Listing Agency:
Space Coast Realty & Inv. LLC
(321) 783-5000
Listed By:
Karen Gunn-Bardot · License #3273992
(321) 427-5753
Source:
Mccoyfreeman
Added: Sep 28
Changed: Oct 29
Last Checked: Oct 29 at 2:45PM
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 Space Coast Realty & Inv. 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 retail suite is configured for cosmetology, with 7 work stations, 3 wash stations, built-in cabinets, and washer/dryer hookups. The property was built in 1999 and is located within Forest Plaza on Wickham Road in Melbourne, Florida.
The center is near single-family residential subdivisions, with potential for occasional pedestrian traffic.
The center is near single-family residential subdivisions, with potential for occasional pedestrian traffic.
Key Highlights
- 7 cosmetology work stations and 3 wash stations
- Built‑in cabinets and washer/dryer hookups
- Located in Forest Plaza on Wickham Road in Melbourne, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,860
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,417,200
$3.4M
Cap Rate 7%
$2,440,857
$2.4M
Cap Rate 9%
$1,898,444
$1.9M
Market Conditions
NOI Build-Up for 14,820 SF
Gross rent
$266.8K $18.00/SF
− Vacancy
−$22.7K −$1.53/SF
EGI
$244.1K $16.47/SF
− OpEx
−$73.2K −$4.94/SF
NOI
$170.9K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,417,200
Cap Rate 7%
$2,440,857
Cap Rate 9%
$1,898,444
Alternative Uses
Best Use
Retail
$2.44M
$2.14M – $2.85M
NOI $170,860 @ 7.0% cap · market cap 9,088.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,696 @ 7.0% cap · market cap 14,558.30%
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
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
140k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 32%
Dining 27%
Groceries 27%
Shops & Services 13%
Publix
Groceries
37,876 visits/mo
0.5 miles
Burlington
Apparel
23,753 visits/mo
0.3 miles
Bealls Florida
Apparel
20,802 visits/mo
0.4 miles
Wendy's
Dining
11,182 visits/mo
0.4 miles
Panera Bread
Dining
11,032 visits/mo
0.3 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The salon layout includes multiple work and wash stations, built-in cabinetry, and washer and dryer hookups.
Where is this retail space located?
The property is located at 4301 N Wickham Road #7 Melbourne, FL.
What are key features of this property?
This property features: 7 cosmetology work stations and 3 wash stations; Built‑in cabinets and washer/dryer hookups; Located in Forest Plaza on Wickham Road in Melbourne, Florida
