1865 N Wickham Rd Melbourne, FL 32935
For Lease
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This exceptional commercial property, located at 1865 N Wickham Rd, Melbourne, FL 32935, presents a lucrative investment opportunity. The 9,800 square foot building, constructed in 1963, sits on a 0.42-acre lot and features three separate buildings. The property boasts a diverse income stream, combining three street-facing retail/office units totaling 2,281 square feet with 41 climate-controlled mini-storage units encompassing 7,319 square feet. The mini-storage units offer 24-hour customer access via pedestrian doors. The building's 9.6-foot ceiling height adds to its functionality. This established business, held under a Family Trust ownership, offers long-term tenants and multiple income streams, making it an ideal investment for those seeking a stable and profitable venture in a desirable Brevard County location. The property's prime location on Wickham Road ensures high visibility and accessibility. This is a rare opportunity to acquire a well-established, multi-faceted commercial property with significant potential for growth and return on investment. The asking price is $999,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.