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    315 President Barack Obama Hwy Riviera Beach, FL 33404

    Sponsored
    For Lease
    $1.92 SF/Yr

    6,239 SF Industrial Space Available

    Lot size:
    6,239 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-tenant industrial warehouse, located at 315 President Barack Obama Highway in Riviera Beach, Florida (zip code 33404), offers 6,239 square feet of space. The property is zoned for stores and features a single building suite within a larger complex. While the lot size is not specified, the building itself provides ample space for various industrial uses. Currently, two smaller suites are available for lease: Suite 104, approximately 600 square feet, is listed at $1000 per month and was previously a barber shop

    Property Features for 315 President Barack Obama Hwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,239 SF

    Unit(s) available at that property

    Space
    Size
    6,239 SF
    Rate per SF
    $1.92
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0607055
    Latitude
    26.7660702

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    FAQs

    What type of property is this?
    Distribution property - 6,239 SF Industrial Space Available
    Where is this distribution property located?
    The property is located at 315 President Barack Obama Hwy Riviera Beach, FL.
    What is the lease rate?
    The lease rate is $1.92 SF/Yr.
    Request Owner's contact information
    315 President Barack Obama Hwy Riviera Beach, FL 33404
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    Riviera Beach, FL 33404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 President Barack Obama Hwy Riviera Beach, FL 33404
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