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    1600 Wickham Rd Melbourne, FL 32935-8118
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    Property profile & analytics

    1600 Wickham Rd, Melbourne, FL 32935-8118

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    • Grocery and convenience stores
    • 1,500 SF
    • 0.92 lot acres
    Off-Market
    Last Sale Jul 26, 2023
    $1,546,000
    Property ID
    US18-5498167
    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.

    Value Estimations
    $1,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mimmo's Pizza Ristorante / Restaurant
    • Petro Star Investments Llc / Financial Advisor
    • bp / Car Wash
    • LibertyX Bitcoin ATM / Atm
    • ATM / Atm

    Property Details for 1600 Wickham Rd

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.92 lot acres
    Zone code
    BU-1
    Property type
    Grocery and convenience stores
    APN
    27-36-13-00-00750.0-0000.00
    APU
    9223372036854775807

    Description

    This exceptional West Melbourne retail property, located at 1600 S Wickham Road, 32904, presents a unique investment opportunity. The single-story, 1,699 sq ft building sits on a 0.44-acre lot (17,859.6 sq ft), built in 1985. Currently operating as a charming Italian restaurant, the property features a recently remodeled interior with elegant marble countertop tables, new AC units, and a new walk-in cooler. An additional 0.33-acre parcel is available for expansion, offering potential for increased parking or other business enhancements. The inviting space also includes a 164 sq ft open porch, ideal for outdoor dining. A robust security system is in place. The current tenant pays a base rent of $3,000 plus NNN. This property is situated in a high-traffic area of West Melbourne, Florida, making it an attractive investment for both established and aspiring business owners. The asking price is $1,000,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,185,000
      ML approach
      $1,180,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $859,000
      Market price range: $397k - $860k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6722
    Latitude
    28.1332
    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
    $8,800
    $440,000
    $276,360
    $716,360
    -
    $440,000
    $276,360
    $716,360
    More about this property
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