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500 Orange Ave Cir Belle Glade, FL 33430-5221

OFF-MARKET Showrooms Google Maps
6,720 SF 100.15 ac lot Built 1998
Entity Owned 5-yr Hold Free & Clear
Estimated value (blended)
$3.64M
Range $3.28M – $4.00M (±10%)
Property ID US18-9090349

Property summary

AI-generated overview

This exceptional 217,800 square foot industrial property in Belle Glade, Florida, presents a remarkable investment opportunity. Situated on a 10-acre lot (with the option to acquire an additional 5 acres), this vacant site boasts Heavy Industrial I-2 zoning, offering unparalleled flexibility for various uses including distribution, flex, and manufacturing. The property's strategic location within a Heavy Industrial Park provides easy access to major transportation arteries such as US-27, Southern Boulevard, 441, and I-80, ensuring seamless logistics. Its proximity to the railroad further enhances its operational efficiency. The asking price is $5,900,000. Detailed surveys and Belle Glade permitted zoning lists are available upon request. This is a rare chance to secure a substantial industrial holding in Palm Beach County with exceptional zoning and convenient access to key transportation networks. The property's size and zoning make it ideal for a wide range of industrial operations. Don't miss this opportunity to acquire a prime piece of industrial real estate in a rapidly growing area. The APN is 04374319000005030.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1998
Construction STEEL FRAME
Total area 6,720 SF
Lot 100.15 ac (4,362,547 SF)
Zoning code I-2
APN 04-37-43-19-00-000-1100
UPID US18-9090349

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Association Or Organization

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.64M

Owner & transaction history

since 2021
Last sale
$3.9M
1 recorded transaction
2021
$3.9M

Zoning & alternative use

I-2 · Belle Glade, FL
Zoning description

The intent of this zone is to retail building materials, restaurants and delicatessens and to filling stations and service stations with major mechanical repairs

General category INDUSTRIAL
Top alternative use upside
Restaurant $4.6M +46.8%
Apartment house (5+ units) $4.6M +45.8%
Auto repair, garage $3.3M +5.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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