Property Search

Current Price: $7,000,000 Original List Price: 7500000 Sold Price: $7,000,000 Status: Closed Listing Contract Date: 2021-09-10 Property Sub Type: Business

Street Number: 262 Street Direction Prefix: N Street Name: Wickham Street Suffix: Road Tax Account: 2703786 Parcel Number: 27-36-25-00-00009.0-0000.00 County: Brevard State: FL Postal Code: 32935 MLS Area Major: 330 - Melbourne - Central General County Location: South Subdivision Name: None Tax Annual Amount: 35057.7 Tax Year: 2020 Tax Legal Description: E 290 FT OF THAT PART OF NE 1/4 OF NE 1/4 AS DES IN ORB 2219 PG 375 Directions: Located on Wickham Rd about 1 mile north of Ellis Rd.

Number Of Units Total: 16 Building Area Total: 23520 Year Built: 1984 Lot Size Acres: 2.76 Property Use: C-WAREHOUSE - FLEX SPACE (4830) Use Code: 48 / WAREHOUSING, DISTRIBUTION TERMINALS List Price/SqFt: 318.88 Sold Price/SqFt: 297.62

Public Remarks: This sale is for all 3 buildings. 260-278 N Wickham as well as 280-296 N Wickham. Offered at a 6.5 CAP rate. 93% rented with quality tenants. Email/call for financials if interested.

Major Change Timestamp: 2021-11-17T16:31:46Z Major Change Type: Status Change Status Change Timestamp: 2021-11-17 Purchase Contract Date: 2021-09-17 Close Date: 2021-11-16 Close Price: 7000000

Clear Ceiling Height: 23520

Gross Scheduled Income: 646692 Insurance Expense: 21319 Net Operating Income: 484165 New Taxes Expense: 66348 Other Expense: 10000

Public Historical Remarks 3: Expenses-Maint & Repair: 16555, Utilities-3-Phase Electric: Y, Maint & Repair: 16555

Cooling: Central Air; Electric Current Use: Commercial Existing Lease Type: Gross Flooring: Carpet; Laminate; Tile; Vinyl Heating: Central; Electric Listing Terms: Lease Option Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Call Listing Agent Water Source: Public