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West Melbourne Car Wash Opportunity

745 S Wickham Road West Melbourne, FL 32904

745 S Wickham Road, West Melbourne, FL, 32904

$650,000

For Sale

Under Contract

$650,000

COMMERCIAL - West Melbourne, FL

Property Size2,228 SF

Lot Size0.59 Acres

Price / SF$291.74

AddedSep 29, 2025

Days on Market290

Last RefreshJul 15 at 6:06 am

Property Features for 745 S Wickham Road

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active Under Contract
APN: 27-36-36-00-00070.0-0000.00
Size: 2,228 SF
Lot size: 0.59 Acres

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 5204

Utilities

Sewer type: Public Sewer
Water source: Public

Building Details

Year built: 1991
Floors in Building: 1
Number of units: 1
Flooring type: Concrete
Building materials: Block

Listing agent Larry L Fleckinger Jr. License #583618

Listing office HouseMax Pro Realty 3270 Suntree Blvd. #1103, Melbourne, FL

Listing date Sep 29, 2025

MLS# 1059102

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property in West Melbourne, Florida, presents an investment opportunity as a car wash. Situated on a 0.59-acre corner lot with a traffic light, the location benefits from high traffic, with approximately 28,000 vehicles passing by daily. The surrounding area has a population of approximately 84,000 within a 3-mile radius. The property includes 4 self-service bays, 1 automatic bay equipped with a blower system, and 4 vacuum stations. Multiple payment options are available, including coin, cash, and credit. All necessary equipment, plumbing, and drainage systems are already installed. The property has direct frontage on Wickham Road in a central location. The property is zoned CW within the City of West Melbourne. The property offers multiple options, including business for sale and land lease options contingent upon zoning. A build-to-suit lease option is also available, contingent upon zoning. An assumable qualifying loan is available at 4.01%.

Key Highlights

Assumable loan at a great rate of 4.01%.
High‑traffic location on Wickham Road with approximately 28k traffic count.
Prime central location in West Melbourne, FL on a 0.59‑acre corner lot with traffic light.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.8k	$19.20
− Vacancy	−$3.2k	−$1.44
EGI	$39.6k	$17.76
− OpEx	−$9.9k	−$4.44
NOI	$29.7k	$13.32

2,228 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$424.0K

$371.0K – $494.6K (±1% cap)

NOI $29,677 @ 7.0% cap · market cap 4.57%

Second Best

Retail

$367.0K

$321.1K – $428.1K (±1% cap)

NOI $25,687 @ 7.0% cap · market cap 3.95%

Theoretical Best

Office A

$587.8K

$514.3K – $685.8K (±1% cap)

NOI $41,147 @ 7.0% cap · market cap 6.33%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self service car ...

For sale
Self service car washes
FL
West Melbourne
32904
745 S Wickham Road

What type of property is this?

Self service car wash - High-traffic car wash with assumable loan in prime location.

Where is this self service car wash located?

The property is located at 745 S Wickham Road West Melbourne, FL.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Assumable loan at a great rate of 4.01%.; High‑traffic location on Wickham Road with approximately 28k traffic count.; Prime central location in West Melbourne, FL on a 0.59‑acre corner lot with traffic light.