1220 Wickham Rd West Melbourne, FL 32904-2443
This exceptional single-tenant retail property, located at 1220 S Wickham Road, offers 2,480 square feet of versatile commercial space. Situated on a 0.98-acre lot, this one-story building (APN 27-36-36-77-B-5) presents a fantastic opportunity for businesses seeking a prominent location. Currently available for lease at a rate of $12.00 per square foot (plus sales tax) for the entire building, the property benefits from its convenient location between Elis Road and State Road 192. The landlord is open to subdividing the space, with a minimum of 826 square feet available at a lease rate of $14.21 per square foot. This flexible arrangement caters to a range of business needs and sizes. Furthermore, significant renovations are planned for the near future, enhancing the property's appeal and functionality. The landlord is also willing to consider tenant improvement allowances (TI) to customize the space to meet specific tenant requirements. The property is zoned Commercial Wickham, ensuring compliance with local regulations. This is an ideal opportunity to establish or expand your business in a high-traffic area with excellent visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C2 · West Melbourne, FLWest Melbourne. Always verify with local authorities before improvements.
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.