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    Property profile & analytics

    2065 Wickham Rd Melbourne, FL 32935

    • Grocery and convenience stores
    • 640 SF
    • 0.98 lot acres
    For Sale
    View listing
    $1,350,000
    Value Estimation
    Last Sale
    May 17, 2023
    $650,000
    Location Intelligence
    Property ID
    US18-2030257
    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.

    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

    by Realmo proprietary methodology Last update: July 3, 2025

    • 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

    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
    $8,777
    $467,500
    $52,690
    $520,190
    -
    $467,500
    $52,690
    $520,190

    Comparable in this City

    • Value Estimation
      $230,000
      2,732 SF

      1268 Aurora Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,732 SF
      1268 Aurora Rd, Melbourne, FL 32935-5915
      View Details
    • Value Estimation
      $580,000
      2,872 SF

      4001 Wickham Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,872 SF
      4001 Wickham Rd, Melbourne, FL 32935-2473
      View Details
    • Value Estimation
      $225,000
      3,294 SF

      1627 Croton Rd

      CONVENIENCE STORE • 3,294 SF
      1627 Croton Rd, Melbourne, FL 32935-3271
      View Details
    • Value Estimation
      $280,000
      3,112 SF

      17 Elton St

      CONVENIENCE STORE • 3,112 SF
      17 Elton St, Melbourne, FL 32935
      View Details
    • Value Estimation
      $315,000
      3,318 SF

      2017 Post Rd

      CONVENIENCE STORE • 3,318 SF
      2017 Post Rd, Melbourne, FL 32935-2301
      View Details
    • Value Estimation
      $440,000
      3,058 SF

      3088 Hbr City Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,058 SF
      3088 Hbr City Blvd, Melbourne, FL 32935-6229
      View Details

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      Prime corner parcel for redevelopment in Melbourne, Florida.
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    Similar Nearby for Lease

    • Contact for pricing
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      Renovated C-Store with Drive-Thru

      Renovated convenience store with drive-thru, available for lease/redevelopment.
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      View Details
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      Retail spaces available in a high-traffic location near Melbourne Airport.
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      Retail/Office Space on Wickham Road

      Retail or office space with high traffic count.
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    • Contact for pricing
      3,721 SF

      Renovated Retail Space in Melbourne

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      View Details
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    2065 Wickham Rd
    Melbourne, FL 32935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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