Property profile

5590 Wickham Rdcvs Melbourne, FL 32940

OFF-MARKET
Retail space
Property ID
US18-5237709
13,317 SF 4.42 ac lot Built 2010
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,317 SF
Lot 4.42 ac (192,535 SF)
Zoning code CP
APN 26-36-25-05-00000.0-0001.00
UPID US18-5237709

Cap rate & NOI

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

Location

5590 Wickham Rdcvs Melbourne, FL 32940-7303
Melbourne metro Census 64128 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.36M
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$2.14M

Owner & transaction history

since 2019
5 recorded transactions
2019
$9.3M
2018
$8.6M
2010
Price N/A
2009
$3.3M
1969
Price N/A

Zoning & alternative use

CP · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to areas located adjacent to a main highway. The types of uses permitted and restrictions are intended to serve the needs of the motorist and provide an amenable impr…

General category COMMERCIAL
Top alternative use upside
Office building $3.5M +53.5%
Auto repair, garage $3.0M +30.3%

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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