800 Wickham Rd West Melbourne, FL 32904-1649
This exceptional 4.2-acre commercial land parcel is situated at the southwest corner of South Wickham Road and Greenboro Drive in West Melbourne, Florida (32904). The property boasts a prime location, surrounded by established commercial, retail, and residential developments. To the west, the land is adjacent to post-acute rehab facilities, memory care, assisted living, and senior housing, along with deed-restricted residential neighborhoods and Class A apartments. East, north, and south of the property are well-established commercial and retail centers. This strategic location offers excellent visibility and accessibility, with Greenboro Drive providing direct access to Ellis Road and the newly opened Ellis Road-I-95 Interchange. This ensures easy access for consumers, employees, and shipping/receiving. The property is conveniently located approximately 10 minutes from Melbourne Orlando International Airport and 45 minutes from Orlando International Airport, making it an attractive location for businesses in the thriving aerospace and high-tech industries. Numerous national and international companies, including L-3 Harris, Northrop Grumman, Lockheed Martin, Rockwell Collins-Collins Aerospace, Embraer Aerospace/Jet, Extant Aerospace, and Aerion Super Sonic Jet, are located nearby. The property is zoned CW and features city water and sewer utilities. Permitted uses include office buildings, single-story office buildings, garages, and pavilion structures. This is a rare opportunity to acquire a high-quality commercial land parcel in a rapidly growing area with exceptional access and proximity to major transportation routes and key industries. The land is part of the SE 1/4 of N. Asking price is $995,000.
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
RA · West Melbourne, FLWest Melbourne. 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.