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Commercial Land on Wickham Road
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SE of Parkway Drive and Wickham Road, Melbourne, FL 32935

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

Property SizeContact for details
Lot Size6.20 Acres
Days on Market3400

Property Features for SE of Parkway Drive and Wickham Road

General Information

Standard status Active
Lot size 6.20 Acres
Property subtype Land
Zoning C1
Listing Agency: Dreyer & Associates Real Estate Group
Listed By: Michael Dreyer · License #150185
Source: Crexi
Added: May 9, 2017 Changed: Aug 24 Last Checked: Aug 28 at 5:16PM

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 Dreyer & Associates Real Estate Group

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

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
(321) 508-6422 Call to check price and availability
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