Belle Glade Commercial Lots For
1360 S Main St, Belle Glade, FL 33430
For Sale
$1,100,000
Three commercial lots totaling 1.86 acres on S. Main Street.
Property Size6,158 SF
Lot Size1.86 Acres
Price / SF$178.63
Days on Market291
Property Features for 1360 S Main St
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Listing Agency:
Casteland Real Estate Corp
Listed By:
Elizabeth C Strehse · License FL #3033981
(954) 816-0756
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 25 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Casteland Real Estate Corp
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Investment Insights
Based on property information with market context.
This investment opportunity features three commercial lots, totaling 1.86 acres, with approximately 480 linear feet of frontage on S. Main Street in Belle Glade. The properties are in unincorporated Palm Beach County and are currently used for parking and storage of heavy equipment. The grounds have a stabilized subgrade and re-milled asphalt topping, and the site is fully fenced. There are three structures on the premises: a home/office of approximately 1,350 square feet, a metal building of 2,568 square feet, and a pole barn of 2,240 square feet used for maintenance and storage. The property is located on a major traffic roadway, SR 80, and is currently leased to 33 cabs and 6 rigs, a lawn mowing company, and a corn packing company.
Key Highlights
- High‑traffic location on S. Main Street (SR 80) in Belle Glade, Palm Beach County.
- Significant frontage of approximately 480 linear feet on S. Main Street.
- Total of 1.86 acres of commercial land being sold as one parcel.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,790
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,495,800
$1.5M
Cap Rate 7%
$1,068,429
$1.1M
Cap Rate 9%
$831,000
$831.0K
Market Conditions
NOI Build-Up for 6,158 SF
Gross rent
$113.1K $18.36/SF
− Vacancy
−$6.2K −$1.01/SF
EGI
$106.8K $17.35/SF
− OpEx
−$32.1K −$5.21/SF
NOI
$74.8K $12.15/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,495,800
Cap Rate 7%
$1,068,429
Cap Rate 9%
$831,000
Alternative Uses
Best Use
Retail
$1.07M
$934.9K – $1.25M
NOI $74,790 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$949.7K
$831.0K – $1.11M
NOI $66,480 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$4.34M
$3.79M – $5.06M
NOI $303,577 @ 7.0% cap · market cap 27.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 12%
Dunkin' Donuts
Dining
10,224 visits/mo
0.2 miles
Marathon
Shops & Services
1,422 visits/mo
0.2 miles
Demographics for 33430, FL
20,327
Population
7,158
Households
2.8
Avg Household Size
35
Median Age
13%
College-Educated
71%
High-School Grad
239.8 sq mi
ZIP Area
85
Density / Sq Mi
$48,690
Median Household Income
$31,117
Median Earnings
$860
Median Rent
$142,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Commercial land in Palm Beach County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Three commercial lots totaling 1.86 acres on S. Main Street.
Where is this commercial land located?
The property is located at 1360 S Main St Belle Glade, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High‑traffic location on S. Main Street (SR 80) in Belle Glade, Palm Beach County.; Significant frontage of approximately 480 linear feet on S. Main Street.; Total of 1.86 acres of commercial land being sold as one parcel.
