1090 Wickham Rd Melbourne, FL 32935
This 0.64-acre commercial land parcel in Melbourne, Florida (Brevard County, zip code 32935), located at 1090 N Wickham Rd, is zoned C-2 and offers a prime redevelopment opportunity. Currently occupied by an operating self-serve car wash (to be removed 30 days prior to closing; building remains), the site is ideally suited for a quick-service restaurant (QSR) with a drive-thru, with potential for up to 2340 square feet. The property boasts excellent visibility and access on Wickham Road, with an average daily traffic count of approximately 38,600 vehicles. It's situated in a thriving area with a mix of retail, office, and residential properties, including a Walmart Supercenter, Melbourne Village Shopping Center (anchored by Staples, Old Time Pottery, and Dollar Tree), and numerous other national and local businesses such as Panda Express, Chili's, Del Taco, Wendy's, and PNC Bank. While some restrictive use covenants exist regarding automotive repair (negotiable with Walmart), all utilities are on-site, impact fees are transferable, and existing landscaping and retention are in place. Ingress/egress is established, and much of the existing parking/paving can be reused. The City of Melbourne allows simultaneous submission of building and site plans, with current approval times averaging four months. This fee-simple property is offered at $1,000,000.
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Sparkle Carwash of Brevard Car Wash
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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