Freestanding Storefront
For Sale
Contact for pricing
24 Southwest Avenue B, Belle Glade, FL 33430
B-1 zoning supports retail, office, professional, and service-oriented commercial uses subject to applicable zoning requirements.
Property Size1,080 SF
Lot Size0.15 Acres
Price / SF$258.33
Days on Market97
Property Features for 24 Southwest Avenue B
General Information
Standard status
Active
Size
1,080 SF
Class
C
Total Parking Spaces
8
Lot size
0.15 Acres
Property subtype
Retail
Zoning
B-1
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2020
Buildings
1
Units
1
Tenancy
Single
Building Size
1,080 SF
Listing Agency:
ONE Commercial Real Estate
Listed By:
Shawn Hansen · License #BK3605097
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 1 at 4:15AM
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 ONE Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding storefront property contains approximately 1,080 square feet on a 0.15-acre site. Constructed in 2020, the building carries B-1 Commercial zoning and may accommodate retail, office, professional, or service-oriented uses subject to zoning requirements.
The property is located at 24 Southwest Avenue B in Belle Glade’s downtown business district, near local retailers, professional offices, government services, and residential neighborhoods. Access to SR-80 and US-98 connects the site with surrounding Glades communities. The configuration may suit an owner-user seeking a commercial location or an investor pursuing a small-scale storefront asset.
The property is located at 24 Southwest Avenue B in Belle Glade’s downtown business district, near local retailers, professional offices, government services, and residential neighborhoods. Access to SR-80 and US-98 connects the site with surrounding Glades communities. The configuration may suit an owner-user seeking a commercial location or an investor pursuing a small-scale storefront asset.
Key Highlights
- Approximately 1,080 SF freestanding commercial building
- 0.15‑acre site in Belle Glade’s downtown business district
- B‑1 Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,262
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,240
$365.2K
Cap Rate 7%
$260,886
$260.9K
Cap Rate 9%
$202,911
$202.9K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$28.5K $26.40/SF
− Vacancy
−$2.4K −$2.24/SF
EGI
$26.1K $24.16/SF
− OpEx
−$7.8K −$7.25/SF
NOI
$18.3K $16.91/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,240
Cap Rate 7%
$260,886
Cap Rate 9%
$202,911
Alternative Uses
Best Use
Retail
$260.9K
$228.3K – $304.4K
NOI $18,262 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$760.6K
$665.5K – $887.4K
NOI $53,242 @ 7.0% cap · market cap 19.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Home Improvements & Furnishings 19%
Electronics 4%
Family Dollar
Shops & Services
10,497 visits/mo
0.3 miles
Lake Hardware
Home Improvements & Furnishings
4,441 visits/mo
0.3 miles
Marathon
Shops & Services
4,430 visits/mo
0.3 miles
Mobil
Shops & Services
2,126 visits/mo
0.3 miles
Boost Mobile
Electronics
980 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - B-1 zoning supports retail, office, professional, and service-oriented commercial uses subject to applicable zoning requirements.
Where is this storefront property located?
The property is located at 24 Southwest Avenue B Belle Glade, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Approximately 1,080 SF freestanding commercial building; 0.15‑acre site in Belle Glade’s downtown business district; B‑1 Commercial zoning
