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Belle Glade Commercial Lots

1360 S Main Street Belle Glade, FL 33430

1360 S Main Street, Belle Glade, FL, 33430
$1,100,000
For Sale
Claim this Listing
$1,100,000

1.86 acres with frontage on S. Main Street.

Property Size2,568 SF
Lot Size1.86 Acres
Price / SF$428.35
AddedApr 18, 2025
Days on Market454
Last RefreshMay 28 at 5:22 pm

Property Features for 1360 S Main Street

General Information

Standard status
Active
Size
2,568 SF
Lot size
1.86 Acres
Property subtype
Lots/Land

Listing office Casteland Real Estate Corp

Listing date Apr 18, 2025

Source Exitrealty

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


Investment Insights

Based on property information with market context.

Three commercial lots, totaling 1.86 acres, are available for sale as one parcel. The property features approximately 480 linear feet of frontage on S. Main Street in Belle Glade. Located in unincorporated Palm Beach County on a major traffic roadway, SR 80, the lots are currently utilized for commercial vehicle storage. The grounds have a stabilized subgrade and re-milled asphalt topping, and the property is fully fenced. There are three structures on the premises: a home/office of approximately 1,350 square feet, a metal building and pole barn of 2,568 square feet, and a 2,240 square foot structure used for maintenance and storage. The owners are currently leasing space to 33 cabs, 6 rigs, a lawn mowing company, and a corn packing company, presenting an investment opportunity.

Key Highlights

  • 1.86 acres of commercial property with 480 linear ft. of frontage on S. Main Street (SR 80).
  • Currently generating income from multiple tenants.
  • Includes a 1,350 sq ft home/office, a 2,568 sq ft metal building, and a 2,240 sq ft pole barn.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.8k $26.40
− Vacancy −$5.8k −$2.24
EGI $62.0k $24.16
− OpEx −$18.6k −$7.25
NOI $43.4k $16.91
2,568 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$620.3K
$542.8K – $723.7K (±1% cap)
NOI $43,423 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$396.0K
$346.5K – $462.1K (±1% cap)
NOI $27,723 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,597 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Building Supply Hair Salon Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store Grocery & Convenience Store Law Firm Nail Salon Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 1.86 acres with frontage on S. Main Street.
Where is this commercial land located?
The property is located at 1360 S Main Street 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: 1.86 acres of commercial property with **480 linear ft. of frontage on S. Main Street (SR 80).**; Currently generating income from multiple tenants.; Includes a 1,350 sq ft home/office, a **2,568 sq ft metal building**, and a 2,240 sq ft pole barn.
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