1240 Wickham RdMelbourne, FL 32904

  • Commercial land
  • 1,008 SF
For Sale
$850,000 View listing

Property Details for 1240 Wickham Rd

Year built
1951
Lot size
2.57 AC
Property size (Sq ft)
1,008 SF
Zone code
C2
Property type
Commercial land
APN
27-36-36-77-0000B.0-0006.00
APU
273636770000B0000600

Description

This exceptional 2.57-acre commercial land parcel presents a lucrative investment opportunity in West Melbourne, Florida. Located on the highly visible northwest corner of Wickham Road and South Drive, this C-2 zoned property boasts significant frontage on both major thoroughfares: approximately 380 feet on Wickham Road and 270 feet on South Drive. The property's strategic location offers unparalleled access to high traffic counts (31,100 ADT on Wickham Road), placing your business within easy reach of a substantial customer base. Its proximity to key infrastructure, including Wuesthoff Hospital (1.5 miles south), US Highway 192 (0.5 miles north), and Interstate 95, ensures exceptional visibility and convenient access for employees and customers alike. US Highway 192 provides convenient access to the Atlantic Ocean to the east and the I-95 interchange to the west, offering easy commutes to Orlando, Kissimmee, and Disney. City of West Melbourne water and sewer services are readily available. The property's tax parcel ID is 2736 36 77 0000B.0 0006.00, with current real estate taxes totaling $9,027. Permitted commercial uses include wholesale, retail, office, automotive, hotel, restaurant, and dry cleaning, offering a wide range of development possibilities. This prime location and versatile zoning make this a truly exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $317,103
    Hospitality
    $290,465
    Educational
    $241,663
    Medical
    $249,974
    Retail
    $375,920

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.0863
Longitude
-80.6731
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
$7,745
$590,430
-
$590,430
-
$590,430
-
$590,430

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