Financial
Distress signals
Property profile

205 S Wickham Rd Melbourne, FL 32904

FOR LEASE
Retail space
Property ID
US18-0697109
7,544 SF 1 ac lot Built 1979
Last sale May 2025 · $1,300,551
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use flex building combining warehouse space with office/retail area. It contains approximately 2,800 square feet of A/C warehouse space and approximately 1,190 square feet of office or retail space, with offices and a bathroom located within the unit. Pallet rack shelving is present and may be kept in place or removed, and HVAC ductwork is installed and can be connected to support a fully air-conditioned configuration. The building is located at 205 South Wickham Road

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$635k
Assessed land$352k
Assessed improvement$283k
Effective rate2.05%

Value estimate

· Sep 2026
$335k
$302k – $369k
CAP approach$1.34M
Sales comparison$1.10M
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$2k
Operating expenses−$20k
NOI · 379,700.00% cap applied$46k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 113 recorded sales of this use type
Observed band · Q1–Q3$89 – $258
Qualifying comparables3

Cap rate analysis

How does the asset earn?
379,700.00%
$46k 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?
M1
The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and ...
General categoryINDUSTRIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic8.4
Food Market8.1
Accounting Firm8.1

Location

205 S Wickham Rd Melbourne, FL 32904
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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