605 Wickham Rd, Unit 105 Melbourne, FL 32904-1644
- Grocery and convenience stores
- 3,097 SF
- 1.38 lot acres
Current Use by Public Records
- Citibank ATM / Atm
Property Details for 605 Wickham Rd
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.38 lot acres
- Property size
- 3,097 SF
- Zone code
- C2
- Property type
- Grocery and convenience stores
- APN
- 27-36-36-00-00007.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional 2,989-square-foot commercial property, formerly a 7-Eleven, presents a unique investment opportunity in West Melbourne, Florida. Located on Wickham Road, a major arterial with an impressive 25,500 average annual daily traffic (AADT), this single-tenant building boasts high visibility and accessibility. The property sits on a 1.38-acre lot, offering ample space for potential expansion or future development. The existing structure is a durable concrete block and steel construction. Ideal for a variety of uses, including retail, office, or restaurant, the building features a substantial 750-gallon grease trap, a large walk-in cooler and freezer, perfect for food service businesses. Previous fuel tanks and canopy have been removed, simplifying redevelopment plans. The property benefits from its location in a densely populated residential area and its proximity to major employers like L3 Harris and Northrup Grumman, ensuring a strong potential customer base. This versatile property offers significant upside potential for a savvy investor seeking a prime location in a thriving market. The property is zoned for office use and is ready for immediate occupancy or redevelopment. The ample land provides room for expansion or the construction of additional buildings. This is a rare opportunity to acquire a well-located commercial property in a high-growth area of Brevard County. The address is 605 S Wickham Rd, West Melbourne, FL 32904.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $405,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $598,000
Market price range: $228k - $922k
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.672
- Latitude
- 28.0974
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA