SE of Parkway Drive and Wickham Road Melbourne, FL 32935

Listing office Dreyer & Associates Real Estate Group

Listing date May 9, 2017

Source Crexi

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Investment Insights

Based on property information with market context.

This property features approximately 6.20 acres of commercial land with frontage on Wickham Road, offering about 1000 feet of frontage and a depth of approximately 300 feet. The sites are sold with on-site retention in place. Zoned C1 Neighborhood Commercial by the City of Melbourne, the land use is designated as Mixed Use. The location benefits from a traffic count of 39,800 AADT. Ideal uses for the property include retail, restaurant, office, and medical facilities. The maximum permitted building height is 4 floors, up to 48 feet. Additional height may be requested with conditional use approval from the City Council. A Declaration of Restrictions from 2010 states that there is to be no residential use of the commercial parcel.

Key Highlights

• ±6.20 acres of commercial frontage on Wickham Rd with ±1000' frontage by ±300' depth.
• Located in City of Melbourne with C1 Zoning - Neighborhood Commercial, Land Use: Mixed Use.
• High traffic count of 39,800 AADT.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 6.20 acres of commercial frontage ideal for retail, restaurant, office.

Where is this commercial land located?

The property is located at SE of Parkway Drive and Wickham Road Melbourne, FL.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: ±6.20 acres of commercial frontage on Wickham Rd with ±1000' frontage by ±300' depth.; Located in City of Melbourne with C1 Zoning - Neighborhood Commercial, Land Use: Mixed Use.; High traffic count of 39,800 AADT.