Furnished Office
For Sale
Contact for pricing
7827 N Wickham Road #102, Melbourne, FL 32940
Furnished workspace with four offices, a reception area, conference room, and kitchen.
Property Size7,570 SF
Price / SF$0.39
Days on Market33
Property Features for 7827 N Wickham Road #102
General Information
Standard status
Active
Size
7,570 SF
Property subtype
Office
Space & Availability
Condition
Built-Out
Furnished
Yes
Additional Details
Road Access
Yes
Property Use
Office
Building Details
Year Built
2005
Construction
cement block & stucco
Listing Agency:
Prominent Properties of FL,LLC
Listed By:
Joanie Shepherd · License #3087122
(321) 243-5688
Source:
Mccoyfreeman
Added: Sep 29
Changed: Oct 30
Last Checked: Oct 29 at 2:56PM
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 Prominent Properties of FL,LLC
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Investment Insights
Based on property information with market context.
This 1,685-square-foot office suite is configured with four offices, a reception area, a conference room, and a kitchen. The space is furnished and located within a 2005 office building constructed of cement block and stucco, with a tile roof and contemporary design. Marquee and building signage are available, and the property can be accessed from Wickham Road and Interlachen.
Key Highlights
- 1,685‑square‑foot office suite with four offices
- Furnished, with reception, conference room, and kitchen
- Marquee and building signage available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,013
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,060,260
$2.1M
Cap Rate 7%
$1,471,614
$1.5M
Cap Rate 9%
$1,144,589
$1.1M
Market Conditions
NOI Build-Up for 7,570 SF
Gross rent
$163.5K $21.60/SF
− Vacancy
−$26.2K −$3.46/SF
EGI
$137.4K $18.14/SF
− OpEx
−$34.3K −$4.54/SF
NOI
$103.0K $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%
$2,060,260
Cap Rate 7%
$1,471,614
Cap Rate 9%
$1,144,589
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $103,013 @ 7.0% cap · market cap 3,494.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,803 @ 7.0% cap · market cap 4,742.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
Explore this area
Business Placement
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Furnished workspace with four offices, a reception area, conference room, and kitchen.
Where is this office unit located?
The property is located at 7827 N Wickham Road #102 Melbourne, FL.
What are key features of this property?
This property features: 1,685‑square‑foot office suite with four offices; Furnished, with reception, conference room, and kitchen; Marquee and building signage available
