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    Property profile & analytics

    425 2nd St Belle Glade, FL 33430-3511

    • Strip malls
    • 6,483 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US18-4576127
    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

    • Lake Medical / Nurse Practitioner
    • Susan S. McMillan, ARNP / Nurse Practitioner

    Property Details for 425 2nd St

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    0.74 lot acres
    Property size
    6,483 SF
    Zone code
    B-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    04-37-43-32-08-000-0010
    APU
    4374332080000010

    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%
      $360,000
      6.5%
      $385,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $345,000
      Mixed-Use
      $345,000
      Hospitality
      $405,000
      Educational
      $350,000
      Residential Income
      $320,000
      Energy
      $340,000
      Income-Based Land
      $335,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Belle Glade
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.665
    Latitude
    26.6827
    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
    $12,613
    $54,725
    $244,438
    $299,163
    -
    $54,725
    $244,438
    $299,163

    Comparable in this City

    • Value Estimation
      $585,000
      7,040 SF

      349 16th St, Unit 101

      SHOPPING CENTER, STRIP CENTER • 7,040 SF
      349 16th St, Belle Glade, FL 33430-2839
      View Details
    • Value Estimation
      $2,160,000
      6,600 SF

      1530 Ave L L

      SHOPPING CENTER, STRIP CENTER • 6,600 SF
      1530 Ave L L, Belle Glade, FL 33430
      View Details
    • Value Estimation
      $150,000
      5,506 SF

      40 Ave B B

      SHOPPING CENTER, STRIP CENTER • 5,506 SF
      40 Ave B B, Belle Glade, FL 33430
      View Details
    • Value Estimation
      $345,000
      5,810 SF

      607 Main St

      SHOPPING CENTER, STRIP CENTER • 5,810 SF
      607 Main St, Belle Glade, FL 33430-3948
      View Details
    • Value Estimation
      $295,000
      4,620 SF

      301 Ave A A

      SHOPPING CENTER, STRIP CENTER • 4,620 SF
      301 Ave A A, Belle Glade, FL 33430-3070
      View Details
    • Value Estimation
      $450,000
      6,848 SF

      1417 Ave L 1st Ste, Unit 1

      SHOPPING CENTER, STRIP CENTER • 6,848 SF
      1417 Ave L 1st Ste, Belle Glade, FL 33430-1780
      View Details

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    Similar Nearby for Lease

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      Commercial space ideal for small business with excellent visibility.
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      Car wash with infrastructure in place, currently used for car sales.
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      View Details
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      View Details
    • $1,100,000
      2,240 SF

      Commercial Lots with Frontage on Main

      Three commercial lots totaling 1.86 acres on S. Main Street.
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      View Details
    • $1,250 /Mo

      Belle Glade Triplex Apartment

      Two-bedroom, one-bath apartment in a centrally located Belle Glade triplex.
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      View Details
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    Belle Glade, FL 33430-3511
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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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