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Property profile & analytics
OFF-MARKET Estimated value $1,455,000
Drive through restaurants

1850 Blue Heron Blvd Riviera Beach, FL 33404-5110

3,724 SF 0.89 ac lot Built 2005
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-3159244
Property summary
AI-generated overview

This 1,100 square foot freestanding retail space in West Palm Beach, Florida, offers prime visibility and accessibility. Located at 1850 W Blue Heron Blvd, near I-95 and Congress Ave, this property benefits from over 37,000 vehicles passing daily. The building is part of a 3,724 square foot development, sharing space with a Dunkin' Donuts, ensuring high foot traffic. Monument and building signage opportunities maximize exposure. The area boasts a diverse mix of businesses including O'Reilly Auto Parts, USPS, and a variety of restaurants, creating a strong commercial environment. The property is also situated near residential areas, two schools, and an industrial hub, providing a broad customer base. Easy access to major roadways ensures convenient access for customers and employees. This single-tenant space is ideal for a variety of retail or restaurant uses, offering a unique opportunity to establish a business in a high-traffic, high-visibility location within Palm Beach County. The property's proximity to other successful businesses, including Taco Bell, KFC, Family Dollar, Wawa, and Wendy's, further enhances its appeal. This is a fantastic opportunity to capitalize on a strong location and high daily traffic counts.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Construction CONCRETE
Total area 3,724 SF
Lot 0.89 ac (38,646 SF)
Zoning code CG
APN 56-43-42-30-28-000-0020
UPID US18-3159244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.46M
Owner & transaction history
Arisha Re At Rb LLC · 3 yrs held
Arisha Re At Rb LLC
since 2023
Last sale
$1.5M
3 recorded transactions
2023
$1.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name General Commercial District
General category COMMERCIAL
Zone area 250.15 ac
Source Realmo
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