605 Wickham Rd 105 Melbourne, FL 32904-1644
This exceptional 2,989-square-foot commercial property, formerly a 7-Eleven, presents a unique investment opportunity in West Melbourne, Florida. Located on Wickham Road, a major arterial with an impressive 25,500 average annual daily traffic (AADT), this single-tenant building boasts high visibility and accessibility. The property sits on a 1.38-acre lot, offering ample space for potential expansion or future development. The existing structure is a durable concrete block and steel construction. Ideal for a variety of uses, including retail, office, or restaurant, the building features a substantial 750-gallon grease trap, a large walk-in cooler and freezer, perfect for food service businesses. Previous fuel tanks and canopy have been removed, simplifying redevelopment plans. The property benefits from its location in a densely populated residential area and its proximity to major employers like L3 Harris and Northrup Grumman, ensuring a strong potential customer base. This versatile property offers significant upside potential for a savvy investor seeking a prime location in a thriving market. The property is zoned for office use and is ready for immediate occupancy or redevelopment. The ample land provides room for expansion or the construction of additional buildings. This is a rare opportunity to acquire a well-located commercial property in a high-growth area of Brevard County. The address is 605 S Wickham Rd, West Melbourne, FL 32904.
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Citibank ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.