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    Property profile & analytics

    7155 Wickham Rd Melbourne, FL 32940-7398

    • Strip malls
    • 4,100 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US18-3685096
    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

    • Bella luna restaurant & pizza / Italian Restaurant
    • Dunkin' / Fast Food Restaurant / Takeout Restaurant

    Property Details for 7155 Wickham Rd

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.86 lot acres
    Property size
    4,100 SF
    Zone code
    BU2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    26-36-13-00-00018.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $385,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $470,000
      Mixed-Use
      $365,000
      Hospitality
      $355,000
      Educational
      $400,000
      Residential Income
      $400,000
      Energy
      $410,000
      Income-Based Land
      $450,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6787
    Latitude
    28.2287
    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
    $14,288
    $363,140
    $368,380
    $731,520
    -
    $363,140
    $368,380
    $731,520

    Comparable in this City

    • Value Estimation by Request
      9,432 SF

      7777 Wickham Rd Ste, Unit 16

      SHOPPING CENTER, STRIP CENTER • 9,432 SF
      7777 Wickham Rd Ste, Melbourne, FL 32940-7978
      View Details
    • Value Estimation by Request
      4,445 SF

      5515 Porada Dr

      SHOPPING CENTER, STRIP CENTER • 4,445 SF
      5515 Porada Dr, Melbourne, FL 32940-8420
      View Details
    • Value Estimation by Request
      13,472 SF

      8530 Wickham Rd Ste, Unit 104

      SHOPPING CENTER, STRIP CENTER • 13,472 SF
      8530 Wickham Rd Ste, Melbourne, FL 32940-6616
      View Details
    • Value Estimation by Request
      6,724 SF

      6455 Wickham Rd, Unit 103

      SHOPPING CENTER, STRIP CENTER • 6,724 SF
      6455 Wickham Rd, Melbourne, FL 32940-2020
      View Details
    • Value Estimation
      $4,085,000
      7,719 SF

      6670 Colonnade Ave

      SHOPPING CENTER, STRIP CENTER • 7,719 SF
      6670 Colonnade Ave, Melbourne, FL 32940-6465
      View Details
    • Value Estimation by Request
      7,361 SF

      5555 Wickham Rd Ste, Unit 104

      SHOPPING CENTER, STRIP CENTER • 7,361 SF
      5555 Wickham Rd Ste, Melbourne, FL 32940-8725
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,573 SF

      Retail Space in Viera

      Grocery and home improvement anchored lifestyle center. Flexible sizing available.
      Viera Blvd, Melbourne, FL 32940
      View Details
    • $35 SF/Yr
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      Melbourne Retail Center Investment Opportunity

      High-performing retail center in Melbourne, FL
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      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Viera

      Grocery and home improvement anchored lifestyle center, flexible sizing available.
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    • $25 SF/Yr
      1,025 SF

      Suntree Retail Space for Sale

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    • Contact for pricing
      132,142 SF

      Retail Space in Melbourne, Florida

      Retail property available for lease in Melbourne, Florida.
      7201 Shoppes Dr, Melbourne, FL 32940
      View Details
    • $28 SF/Yr
      5,984 SF

      Prime Retail Space, Wickham Rd

      High-traffic location, two suites available
      6455 Wickham Rd, Melbourne, FL 32940
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      1.4k
    • Avg Time on site
      28 min
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    Melbourne, FL 32940-7398
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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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