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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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