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Financial
Distress signals
Property profile

7777 N Wickham Rd Melbourne, FL 32940

FOR LEASE
Strip malls
Property ID
US18-2839584
9,432 SF 9.74 ac lot Built 1996
Last sale Jul 2001 · $9,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 7,035-square-foot retail space located within Suntree Square Plaza in Melbourne, on approximately 0.83 acres, positioned off N Wickham Road. Built in 1996, the building uses block construction and is served by public water and public sewer. The interior is currently configured for salon use, featuring an open service area, one private room, and a restroom, with tile flooring and both central heating and central air conditioning. The site includes a parking lot providing on-site parking, and the plaza is anchored by Publix.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$131k
Tax billed · 2023
Assessed value$7.09M
Assessed land$2.86M
Assessed improvement$4.22M
Effective rate1.85%

Value estimate

· Oct 2026
$1.57M
$1.41M – $1.73M
AI approach$1.28M
CAP approach$1.94M
Submarket $/SF estimate$2.06M
NOI build-up
Gross scheduled income$1.55M
Vacancy & credit loss−$132k
Operating expenses−$425k
NOI · 29,014.55% cap applied$991k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218

Cap rate analysis

How does the asset earn?
29,014.55%
$991k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
The planned development is a concept which encourages mixed uses and unconventional development designs in those cases where the develope...
General categoryPLANNED_DEVELOPMENT
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.0
Parking Facility11.2
Daycare Center11.0

Location

7777 N Wickham Rd Melbourne, FL 32940
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6365 Wickham, Melbourne, FL 32940-2017 $18,500,000 Apr 2023 9,450 SF
4865 Wickham Rd, Melbourne, FL 32940-8303 $5,000,000 Oct 2022 14,033 SF
6670 Colonnade, Melbourne, FL 32940-6465 $4,021,100 Jul 2022 7,719 SF
6431 Lk Andrew, Melbourne, FL 32940-7250 $5,100,000 Jul 2021 10,730 SF
8530 Wickham Rd, Melbourne, FL 32940-6616 $15,800,000 Nov 2019 13,472 SF
2338 Citadel Way, Melbourne, FL 32940-6184 $11,725,000 Jul 2019 9,098 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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