700 700 Rd Melbourne, FL 32935
This exceptional 149,900 USD office condo presents a fantastic opportunity for business owners or investors seeking a low-maintenance, high-traffic location. Situated on the first floor of a well-maintained building at 700 N Wickham Road, Melbourne, FL, this property boasts a convenient and desirable address in a high-traffic area. The condo offers a compact space ideal for a small business or as a low-risk investment property. The building features attractive common areas, including a welcoming fountain, adding to the professional and inviting atmosphere. Access is convenient, with elevator access located at the rear of the building. Security measures are in place, ensuring peace of mind with secured building access after business hours. The property sits on a 0.06-acre lot. Common area maintenance (CAM) fees are included in the price and cover essential services such as water, garbage removal, exterior building maintenance, and building insurance, minimizing the owner's ongoing expenses. This turnkey solution offers a blend of convenience, security, and affordability, making it an attractive proposition for discerning buyers. The property's location on Wickham Road ensures high visibility and accessibility, making it an ideal choice for a variety of businesses. Don't miss this chance to acquire a valuable asset in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.