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Financial
Distress signals
Property profile

1865 N Wickham Rd Melbourne, FL 32935

FOR LEASE
Strip malls
Property ID
US18-3714944
9,984 SF 0.42 ac lot Built 1962
Last sale May 2025 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,200-square-foot flex space configured with an open-shell layout intended for service and distribution uses. It includes approximately 2,000 square feet of open interior area, plus an office area and one bathroom. Vehicle access is provided by a 12-foot-wide by 10-foot-tall roll-up garage door, and the space has built-in cabinets and storage along with electrical, plumbing, and HVAC improvements. The building has frontage on Wickham Road and is situated along a commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$611k
Assessed land$163k
Assessed improvement$448k
Effective rate1.61%

Value estimate

· Oct 2026
$400k
$360k – $440k
Submarket $/SF estimate$491k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$459
Operating expenses−$4k
NOI · 415.56% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218

Cap rate analysis

How does the asset earn?
415.56%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serv...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.5
Wholesale Shop22.3
Law Firm17.3

Location

1865 N Wickham Rd Melbourne, FL 32935
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
442 Hbr City, Melbourne, FL 32935-6836 $1,639,000 Mar 2025 8,943 SF
2774 Hbr City, Melbourne, FL 32935-7506 $575,000 Mar 2024 12,938 SF
4100 Wickham Rd, Melbourne, FL 32935-2483 $23,502,000 Nov 2022 18,444 SF
1507 Aurora, Melbourne, FL 32935-5449 $2,300,000 Oct 2022 17,727 SF
1395 Highland, Melbourne, FL 32935-6518 $1,100,000 Jul 2021 12,197 SF
559 Eau Gallie, Melbourne, FL 32935-6524 $1,150,000 Oct 2018 7,953 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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