Technical
Financial
Distress signals
Property profile

2065 N Wickham Rd Melbourne, FL 32935

FOR SALE
Grocery and convenience stores
Property ID
US18-2030257
640 SF 0.98 ac lot Built 1991
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1991
Construction WOOD
Total area 640 SF
Lot 0.98 ac (42,689 SF)
Zoning code M2
APN 27-37-18-00-00289.0-0000.00
UPID US18-2030257

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2065 N Wickham Rd Melbourne, FL 32935
Melbourne metro Census 64301 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2023
Last sale
$650,000
2 recorded transactions
2023
$650,000
2014
Price N/A

Zoning & alternative use

M2 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area located in close proximity to rail, air and major roadway facilities and which can serve general manufacturing, storage, distribution and other general ind…

General category INDUSTRIAL

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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More about this property
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