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Property profile & analytics
OFF-MARKET Estimated value $560,000
Commercial land

800 Wickham Rd West Melbourne, FL 32904-1649

1,744 SF 4.22 ac lot Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US19-0407464
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,744 SF
Lot 4.22 ac (183,823 SF)
Zoning code RA
APN 27-36-36-00-00012.0-0000.00
UPID US19-0407464
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$560k
Owner & transaction history
Jsf Wickham Road LLC
Jsf Wickham Road LLC
since 2025
2 recorded transactions
2025
$950,000
2010
Price N/A
Zoning & alternative use
RA · West Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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