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Property profile & analytics
OFF-MARKET
Medical Office Space
1093 Wickham Rd, West Melbourne, FL 32904-1652
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-0560105
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1980
Construction
WOOD
Total area
3,223 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1A
APN
27-36-36-00-00750.0-0000.00
UPID
US18-0560105
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mary G Obermair · 2 yrs held
Mary G Obermair
since 2023
Last sale
$355,000
4 recorded transactions
Zoning & alternative use
C1A · West Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Melbourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Melbourne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,132
Tax year 2023
Assessed value
$541,560
Assessed 2023
Previous assessed
$541,560
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$268,940
Assessed improvement
$272,620
Land market value
$268,940
Improvement market value
$272,620
Total market value
$541,560
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,223 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1A
APN
27-36-36-00-00750.0-0000.00
UPID
US18-0560105
Jurisdiction
BREVARD
Zoning & alternative use
C1A · West Melbourne, FL
Zoning C1A · permitted uses
C1A · West Melbourne, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Melbourne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Mary G Obermair
Individual
Free & Clear · 2 yrs held
Mailing address
3 WALNUT WAY, ANNANDALE, NJ 08801-3377
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
—
Mary G Obermair
Kim R Obermair
Intrafamily Transfer
related
—
Jun 12, 2023
—
Lawrence F Grenevicki
Lawrence F Grenevicki
Intrafamily Transfer
related
—
Jun 9, 2023
—
Lawrence F Grenevicki
Lawrence F Grenevicki
Intrafamily Transfer
related
—
Jul 9, 2001
$355,000
Lawrence F Grenevicki
Maguire,craig C
Grant Deed
$250,000 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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