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Freestanding Storefront Building
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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 Market6

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: Aug 3 Last Checked: Aug 3 at 6:08AM

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

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.

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 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 $28.5k $26.40
− Vacancy −$2.4k −$2.24
EGI $26.1k $24.16
− OpEx −$7.8k −$7.25
NOI $18.3k $16.91
1,080 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$408.9K
$357.8K – $477.1K (±1% cap)
NOI $28,625 @ 7.0% cap · market cap 10.26%
Second Best
Retail
$260.9K
$228.3K – $304.4K (±1% cap)
NOI $18,262 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$760.6K
$665.5K – $887.4K (±1% cap)
NOI $53,242 @ 7.0% cap · market cap 19.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Electrical Service Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby
Under-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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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
More about this property
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