1340 Wickham Rd Melbourne, FL 32904
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.
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The Yard Garden Center
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
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.