For Sale
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Property summary
This exceptional commercial property, located at 1340 S Wickham Road in Melbourne, Florida (zip code 32904), presents a unique investment opportunity. Built in 1958, the property boasts a substantial 36,154.8 square foot lot, offering ample space for various commercial uses. The existing building comprises approximately 2,200 square feet of office and retail space, ideal for a range of businesses. Situated on a busy, high-traffic road, this property ensures maximum visibility and accessibility, attracting significant foot and vehicle traffic. The nearly one-acre lot provides incredible flexibility for expansion, allowing for the construction of additional buildings or facilities, or the creation of extensive parking areas. Its expansive layout is particularly well-suited for businesses requiring space for commercial vehicles, equipment storage, outdoor showrooms, or entertainment venues. The property's location in Brevard County, Florida, offers unparalleled visibility and a strong presence within the community. This versatile property is perfect for businesses seeking to establish a headquarters, expand their operations, or capitalize on the potential for future development. The asking price is $620,000.
Property profile
VerifiedCap rate & NOI
Current use
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Garden Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Melbourne market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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