150 Wickham Rd Melbourne, FL 32904-1132
Property profile & analytics
150 Wickham Rd Melbourne, FL 32904-1132
- Office buildings
- 42,182 SF
- 50.09 lot acres
Property ID
US18-5946340
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.
Location Intelligence
Current Use by Public Records
- L3Harris Technologies / Corporate Office / Factory
- FedEx Drop Box / Postal Service / Courier Service
- Carmela Tucci / Business Administration Service
Property Details for 150 Wickham Rd
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 50.09 lot acres
- Property size
- 42,182 SF
- Property type
- Office buildings
- APN
- 27-36-25-00-00757.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional investment opportunity presents a two-building office campus totaling 185,456 square feet, ideally situated in Melbourne, Florida, within Brevard County. Constructed in 1978, this property offers a blend of executive and traditional office spaces, catering to a diverse range of business needs. The campus boasts a convenient location near Melbourne International Airport, ensuring easy accessibility for employees and clients. Ample on-site parking is provided with approximately 600 spaces, eliminating parking concerns. The property features new furniture and fixtures, enhancing its immediate usability and appeal. Its central Brevard County location provides excellent access to a thriving business community and a robust workforce. The property is offered as an owner/user investment, presenting a unique chance to acquire a substantial and well-maintained office complex in a prime location. The two-building configuration allows for flexibility in tenant occupancy or internal departmental organization. The combination of size, amenities, and location makes this a highly attractive proposition for businesses seeking a significant and strategically positioned office presence in the Melbourne area. The property's substantial square footage and ample parking make it suitable for a variety of uses and occupancy levels. This is a rare opportunity to acquire a well-established and well-equipped office campus in a desirable Florida location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,205,000
- 6.5%
- $9,420,000
- 7%
- $8,745,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,995,000
- AI Estimate
- $8,459,000
Market price range: $6.13M - $12.0MMarket price range: $2.41M - $8.46M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,550,000 Current use
- RESTAURANT
- $16,120,000 Change: +89% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $13,060,000 Change: +53% Conversion: Easy
- AUTO REPAIR, GARAGE
- $9,425,000 Change: +10% Conversion: Difficult
- RETAIL STORES
- $7,235,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6749
- Latitude
- 28.1054
- 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
$283,968
$4,257,650
$10,822,690
$15,080,340
-
$4,257,650
$10,822,690
$15,080,340
