Downtown Retail
For Sale
$899,999
325 W Avenue A, Belle Glade, FL 33430
Freestanding retail space with a finished customer environment and a central commercial setting.
Property Size4,060 SF
Price / SF$221.67
Days on Market1175
Property Features for 325 W Avenue A
General Information
Standard status
Active
Size
4,060 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$8,663
Amenities
Electric
3
Building Details
Year Built
2013
Stories
1
Listing Agency:
(561) 288-4465
Listed By:
The Keyes Company
(561) 288-4465
Source:
Xome
Added: Jun 13, 2023
Changed: Aug 29
Last Checked: Aug 30 at 1:12PM
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 The Keyes Company
Investment Insights
Based on property information with market context.
This 4,060-square-foot retail property was built in 2013 and includes a finished interior designed for customer-facing operations. Architectural design and decor represent more than $1 million in stated investment, creating a polished storefront environment.
The property occupies a downtown position on Avenue A in Belle Glade, surrounded by entertainment, retail, restaurant, medical office, convenience store, and professional office uses. Nearby businesses include Faimus Wings and BlazN’ Dough Pizza. The surrounding commercial mix supports visibility for retail-oriented operations.
The property occupies a downtown position on Avenue A in Belle Glade, surrounded by entertainment, retail, restaurant, medical office, convenience store, and professional office uses. Nearby businesses include Faimus Wings and BlazN’ Dough Pizza. The surrounding commercial mix supports visibility for retail-oriented operations.
Key Highlights
- 4,060 square feet of retail space
- Built in 2013
- More than $1 million in architectural design and decor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,651
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,373,020
$1.4M
Cap Rate 7%
$980,729
$980.7K
Cap Rate 9%
$762,789
$762.8K
Market Conditions
NOI Build-Up for 4,060 SF
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.
Gross rent
$107.2K $26.40/SF
− Vacancy
−$9.1K −$2.24/SF
EGI
$98.1K $24.16/SF
− OpEx
−$29.4K −$7.25/SF
NOI
$68.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,373,020
Cap Rate 7%
$980,729
Cap Rate 9%
$762,789
Alternative Uses
Best Use
Retail
$980.7K
$858.1K – $1.14M
NOI $68,651 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.50M – $3.34M
NOI $200,150 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Home Improvements & Furnishings 18%
Groceries 13%
Electronics 10%
Lake Hardware
Home Improvements & Furnishings
4,441 visits/mo
0.3 miles
Marathon
Shops & Services
4,430 visits/mo
0.3 miles
Wells Fargo
Shops & Services
4,314 visits/mo
0.2 miles
Sunoco
Shops & Services
3,404 visits/mo
0.3 miles
One Stop
Groceries
3,159 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail space with a finished customer environment and a central commercial setting.
Where is this retail space located?
The property is located at 325 W Avenue A Belle Glade, FL.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 4,060 square feet of retail space; Built in 2013; More than $1 million in architectural design and decor
