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    678 Wickham Rd Melbourne, FL 32935

    For Lease
    $14 SF/Yr

    Prime Wickham Road Retail Opportunity

    Lot size:
    2,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located within Wickham Green Plaza, presents a unique investment opportunity. The single-tenant building boasts 2,850 square feet of clean, updated space, ideal for a variety of retail or office uses. Situated on a 2.91-acre lot (APN: 27-36-24-00-00773.0-0000.00), the property benefits from excellent visibility and high traffic counts, with over 30,000 cars passing daily. The building is a one-story structure, part of a thriving, fully tenanted strip mall, ensuring a strong and established retail environment. Its prime location on Wickham Road offers significant frontage, maximizing exposure to potential customers. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is an exceptional opportunity to acquire a well-maintained, high-traffic retail space in a successful commercial center. The property's size and location make it an attractive option for businesses seeking a prominent presence in a busy retail corridor. The existing infrastructure and established tenant base provide a solid foundation for future growth and profitability. This turnkey solution offers immediate occupancy and the potential for significant return on investment.

    Property Features for 678 Wickham Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,850 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    678
    Size
    2,850 SF
    Rate per SF
    $14

    HighLights

    • Retail and land property totaling 2.91 acres.
    • Single‑tenant retail space of 2,850 square feet.
    • Located in a busy, fully tenanted strip mall on Wickham Road.
    • High traffic count exceeding 30,000 cars daily.
    • Property features a large, updated space ideal for retail or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meraki Solar Melbourne Solar Energy Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6730609
    Latitude
    28.1176331

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    FAQs

    What type of property is this?
    Land - Prime Wickham Road Retail Opportunity
    Where is this land located?
    The property is located at 678 Wickham Rd Melbourne, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Retail and land property totaling 2.91 acres.; Single-tenant retail space of 2,850 square feet.; Located in a busy, fully tenanted strip mall on Wickham Road.
    Request Owner's contact information
    678 Wickham Rd Melbourne, FL 32935
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    Melbourne, FL 32935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    678 Wickham Rd Melbourne, FL 32935
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