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1340 Wickham 1340 Rd Melbourne, FL 32904

OFF-MARKET Office Spaces Google Maps
0.83 ac lot Built 1958
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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