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    2065 Wickham Rd Melbourne, FL 32935

    Sponsored
    For Sale
    $1,350,000

    High-traffic retail space, ideal for QSR or carwash.

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,500 square foot retail property, located at 2065 N Wickham Rd in Melbourne, Florida (32935), is situated on a 0.98-acre corner lot. Priced at $1,350,000 ($540/sq ft), it benefits from a high-traffic location directly across from the Space Coast Auto Auction and near Wickham Business Park. The property was formerly part of a Hess gas station and is adjacent to a Popeyes Chicken. This presents a unique redevelopment opportunity for various concepts, including quick-service restaurants (QSRs), coffee franchises, or car washes. The property is subject to restricted uses, prohibiting gas stations or convenience stores. A NFA Letter Clearance is required. The property is suitable for fast-casual dining, retail, medical, or carwash businesses. This ground lease NNN property offers significant potential within the Melbourne MSA.

    Property Features for 2065 Wickham Rd

    General Information

    Property type
    Retail properties
    Square Feet
    2,500 SF
    Lot Size
    42,689 SF

    HighLights

    • 2,500 SF retail property on a 0.98‑acre corner lot in Melbourne, FL.
    • Located in the Melbourne MSA, offering high visibility across from Space Coast Auto Auction and near Wickham Business Park.
    • Ground lease, NNN terms.
    • Redevelopment opportunity; suitable for QSRs, coffee shops, or car washes (restricted uses apply; NFA Letter Clearance required).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6712243
    Latitude
    28.1404064

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, ideal for QSR or carwash.
    Where is this retail property located?
    The property is located at 2065 Wickham Rd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 2,500 SF retail property on a 0.98-acre corner lot in Melbourne, FL.; Located in the Melbourne MSA, offering high visibility across from Space Coast Auto Auction and near Wickham Business Park.; Ground lease, NNN terms.
    (407) 982-3976
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    2065 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
    2065 Wickham Rd Melbourne, FL 32935
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