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    Property profile & analytics

    1221 Wickham Rd West Melbourne, FL 32904-2450

    • Shopping centers
    • 608 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Apr 12, 2023
    $297,500
    Location Intelligence
    Property ID
    US19-0687484
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Top Notch Lawn Care / Landscaper / Lawn Care Service
    • Top Notch Lawn Care, Inc / Landscaper / Lawn Care Service

    Property Details for 1221 Wickham Rd

    Year built
    1954
    Lot size
    0.77 lot acres
    Property size
    608 SF
    Zone code
    C2
    Property type
    Shopping centers
    Property subtype
    Specialty properties
    APN
    27-36-36-77-0000A.0-0005.00
    APU
    273636770000A0000500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $290,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $270,000
      Mixed-Use
      $330,000
      Hospitality
      $280,000
      Educational
      $340,000
      Residential Income
      $275,000
      Energy
      $255,000
      Income-Based Land
      $305,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.672
    Latitude
    28.0871
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,234
    $175,810
    $18,620
    $194,430
    -
    $175,810
    $18,620
    $194,430

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Melbourne, FL 32904

      SHOPPING CENTER COMMON AREA • 1.50 Acres
      Melbourne, FL 32904
      View Details
    • Value Estimation
      $330,000
      1.93 Acres

      575 Distribution Dr

      SHOPPING CENTER COMMON AREA • 1.93 Acres
      575 Distribution Dr, Melbourne, FL 32904-1184
      View Details
    • Value Estimation
      $205,000
      0.93 Acres

      254 Ww Dr

      SHOPPING CENTER COMMON AREA • 0.93 Acres
      254 Ww Dr, Melbourne, FL 32904
      View Details
    • Value Estimation
      $355,000
      8,330 SF

      6971 Old Nasa Blvd

      SHOPPING CENTER COMMON AREA • 8,330 SF
      6971 Old Nasa Blvd, West Melbourne, FL 32904-2256
      View Details
    • Value Estimation by Request
      1,500 SF

      Melbourne, FL 32904

      SHOPPING CENTER COMMON AREA • 1,500 SF
      Melbourne, FL 32904
      View Details
    • Value Estimation
      $440,000
      5,773 SF

      4433 New Hvn Ave

      SHOPPING CENTER COMMON AREA • 5,773 SF
      4433 New Hvn Ave, West Melbourne, FL 32904-3321
      View Details

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    Similar Nearby for Lease

    • $36 SF/Yr
      2,930 SF

      Retail Space in Growing Area

      Retail space available in a high-growth Melbourne, Florida location.
      6375 N Wickham Rd, Melbourne, FL 32904
      View Details
    • $35 SF/Yr
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      Retail Space in Growing Area

      Located in a high-growth area with strong tenant lineup.
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      View Details
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      Downtown Office Space - Perfect for Your Business

      1425 sq ft Office, Retail Space Available
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      4,676 SF free-standing restaurant building available for rent.
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      Prime Brevard County Office Space
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      View Details
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    1221 Wickham Rd
    West Melbourne, FL 32904-2450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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