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Property profile & analytics
OFF-MARKET Estimated value $505,000
Grocery and convenience stores

605 Wickham Rd 105 Melbourne, FL 32904-1644

3,097 SF 1.38 ac lot Built 1999
Entity Owned Free & Clear
Property ID
US18-2355426
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,097 SF
Lot 1.38 ac (60,113 SF)
Zoning code C2
APN 27-36-36-00-00007.0-0000.00
UPID US18-2355426
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Citibank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$599k
Blend (final) Blend
$505k
Owner & transaction history
Sunshine Real Estate Holdings Lllp
Sunshine Real Estate Holdings Lllp
since 2026
6 recorded transactions
2026
$1.6M
2018
Price N/A
2014
$2.4M
1992
$125,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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