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Property profile & analytics
OFF-MARKET Estimated value $335,000
Retail space

225 5th St Belle Glade, FL 33430-5835

6,030 SF 0.45 ac lot Built 1959
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-4814127
Property summary
AI-generated overview

This exceptional Belle Glade investment opportunity presents two adjacent properties totaling 2,640 square feet (each property is 1,320 square feet), ideally situated across from Hand Park at 225 NW 5th Street, Belle Glade, FL 33430. Both properties are zoned B-2 Restricted Business, offering a wide array of potential uses. The zoning allows for uses such as daycare centers, multi-family dwellings, delis, coffee shops, beauty salons, and various retail establishments (refer to provided B-2 zoning documents for a complete list). Built in 1945, these properties are being sold together for $55,000 and are designated as tear-downs, requiring demolition by the buyer. The sale is AS IS. This presents a unique chance to acquire a substantial lot in a desirable location, perfect for redevelopment into a profitable venture. The properties are located in Palm Beach County and offer significant potential for investors seeking a prime location for a new development. The combined lot size is not specified. This is a rare opportunity to acquire a significant parcel of land in a growing area. Act quickly, as this property is expected to generate considerable interest.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction CONCRETE
Total area 6,030 SF
Lot 0.45 ac (19,602 SF)
Zoning code B-2
APN 04-37-43-31-15-009-0020
UPID US18-4814127
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
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k
Owner & transaction history
Josiahs Future Investments LLC · 4 yrs held
Josiahs Future Investments LLC
since 2022
Last sale
$350,000
4 recorded transactions
2022
$350,000
2017
$130,000
2004
$140,000
1969
Price N/A
Zoning & alternative use
B-2 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of this zone is to stores for retail trade, restaurants and delicatessens, indoor theaters, financial institutions, filling stations

Zone name Restricted Business
General category COMMERCIAL
Zone area 375.50 ac
Source Realmo
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