2065 Wickham RdMelbourne, FL 32935

Property Details for 2065 Wickham Rd

Year built

1991

Construction

WOOD

Lot size

0.98 AC

Property size (Sq ft)

640 SF

Zone code

M2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

27-37-18-00-00289.0-0000.00

APU

9223372036854775807

Description

This 0.98-acre commercial parcel, located at 2065 N Wickham Road in Melbourne, Florida (zip code 32935), presents a unique redevelopment opportunity. The property boasts a total building size of 2,500 square feet and is zoned for commercial use within the Wickham Road submarket cluster. Its prime location sits on a corner lot, offering excellent visibility and accessibility. The site is situated directly in front of the Space Coast Auto Auction and adjacent to a Popeye's franchise (formerly Church's Chicken), ensuring high traffic volume and established commercial presence. Ideal uses include quick-service restaurants (QSRs), coffee franchises, car washes, or medical facilities. The property is currently available for a single tenant. Note that gas stations and convenience stores are restricted uses. This property is perfect for businesses seeking high visibility and a strong customer base in a thriving commercial area. NFA letter clearance is required. The property is classified as Retail, Land, and Special Purpose, with subtypes including Ground Lease, Carwash, QSR, Bank, Automotive, Oil Lube, Medical, and Automotive Sales.

• CAP approach

  CAP return

  Valuation

  6%

  $258,570

  6.5%

  $238,680

  7%

  $221,631

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,258

  Geo Method

  $253,258

• Alternative Use

  Use

  Valuation

  Residential

  $201,335

  Hospitality

  $184,422

  Educational

  $153,437

  Medical

  $158,714

  Retail

  $238,680

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.1404

Longitude

-80.671

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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