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Property profile & analytics
OFF-MARKET
Commercial real estate

1340 Wickham Rd Melbourne, FL 32904

Built 1958
Property ID
US18-6313167
Property summary
AI-generated overview

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
Verified
Property type Commercial real estate
Year built 1958
UPID US18-6313167
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
Current use
Occupant on record · Public records
  • The Yard Garden Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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