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    Property profile & analytics

    2909 President Barack Obama Hwy Riviera Beach, FL 33404-3595

    • Grocery and convenience stores
    • 1,386 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US18-5560056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 2909 President Barack Obama Hwy

    Year built
    1967
    Construction
    STEEL FRAME
    Lot size
    0.06 lot acres
    Property size
    1,386 SF
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    56-43-42-29-05-006-0070
    APU
    56434229050060070

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $325,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $280,000
      Mixed-Use
      $325,000
      Hospitality
      $395,000
      Educational
      $285,000
      Residential Income
      $320,000
      Energy
      $380,000
      Income-Based Land
      $370,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0687
    Latitude
    26.786
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,487
    $19,551
    $80,530
    $100,081
    -
    $19,551
    $80,530
    $100,081

    Comparable in this City

    • Value Estimation by Request
      2,849 SF

      4156 Blue Heron Blvd

      CONVENIENCE STORE • 2,849 SF
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    • Value Estimation by Request
      3,151 SF

      1900 Blue Heron Blvd

      CONVENIENCE STORE • 3,151 SF
      1900 Blue Heron Blvd, Riviera Beach, FL 33404-5150
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    • Value Estimation
      $2,025,000
      1,830 SF

      1400 Broadway

      CONVENIENCE STORE • 1,830 SF
      1400 Broadway, Riviera Beach, FL 33404-5624
      View Details
    • Value Estimation by Request
      6,090 SF

      7289 Gdn Rd, Unit 101

      CONVENIENCE STORE • 6,090 SF
      7289 Gdn Rd, Riviera Beach, FL 33404-4916
      View Details
    • Value Estimation by Request
      1,818 SF

      1260 Plz Cir

      CONVENIENCE STORE • 1,818 SF
      1260 Plz Cir, Riviera Beach, FL 33404-4717
      View Details
    • Value Estimation
      $240,000
      4,195 SF

      2501 President Barack Obama Hwy

      CONVENIENCE STORE • 4,195 SF
      2501 President Barack Obama Hwy, Riviera Beach, FL 33404-4118
      View Details

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    Similar Nearby for Lease

    • $1,400 /Mo
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      Riviera Beach Retail/Office Space Available

      Renovated retail/office spaces available in Riviera Beach, Florida.
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      Retail space with high visibility and traffic on Blue Heron.
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      Retail Space on Blue Heron

      Retail space with high visibility and traffic count.
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    • $32 SF/Yr

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      Renovated Retail Space Available

      Fully renovated retail spaces available in Riviera Beach, Florida.
      315 President Barack Obama Hwy, Riviera Beach, FL 33404
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    • Contact for pricing
      5,689 SF

      Prime Retail Space on Blue Heron

      High-visibility retail space with significant frontage and traffic.
      1319 W 23Rd St, West Palm Beach, FL 33404
      View Details
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    Riviera Beach, FL 33404-3595
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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