2065 Wickham Rd Melbourne, FL 32935
- Grocery and convenience stores
- 640 SF
- 0.98 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 2065 Wickham Rd
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 0.98 lot acres
- Property size
- 640 SF
- Zone code
- M2
- Property type
- Grocery and convenience stores
- APN
- 27-37-18-00-00289.0-0000.00
- APU
- 9223372036854775807
Description
This 0.98-acre commercial parcel, located at 2065 N Wickham Road in Melbourne, Florida (zip code 32935), presents a unique redevelopment opportunity. The property boasts a total building size of 2,500 square feet and is zoned for commercial use within the Wickham Road submarket cluster. Its prime location sits on a corner lot, offering excellent visibility and accessibility. The site is situated directly in front of the Space Coast Auto Auction and adjacent to a Popeye's franchise (formerly Church's Chicken), ensuring high traffic volume and established commercial presence. Ideal uses include quick-service restaurants (QSRs), coffee franchises, car washes, or medical facilities. The property is currently available for a single tenant. Note that gas stations and convenience stores are restricted uses. This property is perfect for businesses seeking high visibility and a strong customer base in a thriving commercial area. NFA letter clearance is required. The property is classified as Retail, Land, and Special Purpose, with subtypes including Ground Lease, Carwash, QSR, Bank, Automotive, Oil Lube, Medical, and Automotive Sales.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $710,000
- 6.5%
- $685,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $710,000
- Mixed-Use
- $620,000
- Hospitality
- $540,000
- Educational
- $660,000
- Residential Income
- $560,000
- Energy
- $725,000
- Income-Based Land
- $530,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.671
- Latitude
- 28.1404
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA