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    OFF-MARKET
    Office Spaces

    1340 Wickham 1340 Rd, Melbourne, FL 32904

    0.83 ac lot Built 1958
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1340 S Wickham Road in Melbourne, Florida, presents a unique opportunity for businesses seeking high visibility and ample space. Situated on a prominent, high-traffic road, this nearly one-acre lot offers unparalleled exposure to a large customer base. The property boasts 2,200 square feet of well-appointed office and retail space, providing flexibility for a diverse range of commercial enterprises. The expansive lot allows for significant potential for future expansion, including the addition of buildings or facilities. Abundant parking is available, catering to both employees and customers. The property's location ensures maximum visibility, attracting potential clients and maximizing your business's presence within the community. Its versatile layout is particularly well-suited for businesses requiring space for commercial vehicles, equipment storage, or outdoor showrooms. This property is ideal for businesses seeking to establish a new headquarters, expand existing operations, or capitalize on a location with significant future development potential. The asking price is $595,000. This is a rare opportunity to acquire a prime commercial property in a thriving location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1958
    Lot 0.83 ac (36,155 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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