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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Strip malls

237 Blue Heron Blvd Riviera Beach, FL 33404-4544

5,520 SF 0.29 ac lot Built 1976
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-2135903
Property summary
AI-generated overview

This exceptional 5,800 square foot turnkey restaurant space presents a unique opportunity in the vibrant Riviera Beach, Florida market. Located at 237 Blue Heron Blvd, in Palm Beach County, this retail property is ideally suited for a multi-tenant restaurant operation. The existing infrastructure offers a significant advantage for a quick and efficient launch, minimizing upfront investment and maximizing return. The property's size allows for ample space to accommodate various dining areas, a fully equipped kitchen, and potentially additional amenities. Its prime location in Riviera Beach ensures high visibility and accessibility, attracting a diverse customer base. The address, 237 Blue Heron Blvd, 33404, offers convenient access to major roadways and ample parking, further enhancing its appeal. This is a rare chance to acquire a well-positioned, ready-to-operate restaurant space in a thriving Florida community. The property is classified as retail, with a restaurant subtype and multiple tenancy. Serious inquiries are encouraged to explore this exciting investment prospect. The property is situated at latitude 26.783234813542634 and longitude -80.05076171906717. This is a truly exceptional opportunity for experienced restaurateurs looking to establish or expand their business in a high-demand location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1976
Construction WOOD
Total area 5,520 SF
Lot 0.29 ac (12,502 SF)
Zoning code DG
APN 56-43-42-28-12-000-0260
UPID US18-2135903
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
by Request
CAP Approach CAP
$1.64M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.22M
Owner & transaction history
Sarah Harvey Hudson · 4 yrs held
Sarah Harvey Hudson
since 2021
5 recorded transactions
2021
Price N/A
2021
$445,000
2003
$675,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DG · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Downtown General
General category COMMERCIAL
Zone area 161.00 ac
Source Realmo
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