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    Property profile & analytics

    748 Dr Martin Luther King Jr W Blvd Belle Glade, FL 33430-3733

    • Grocery and convenience stores
    • 4,800 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US18-3977109
    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 748 Dr Martin Luther King Jr W Blvd

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    4,800 SF
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    04-37-43-42-08-001-0050
    APU
    4374342080010050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $220,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $175,000
      Mixed-Use
      $210,000
      Hospitality
      $190,000
      Educational
      $195,000
      Residential Income
      $220,000
      Energy
      $170,000
      Income-Based Land
      $190,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Belle Glade
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.6755
    Latitude
    26.682
    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
    $5,678
    $3,180
    $81,910
    $85,090
    -
    $3,180
    $81,910
    $85,090

    Comparable in this City

    • Value Estimation by Request
      14,622 SF

      1425 Main St

      GROCERY, SUPERMARKET • 14,622 SF
      1425 Main St, Belle Glade, FL 33430-4915
      View Details
    • Value Estimation
      $355,000
      2,440 SF

      356 16th St

      CONVENIENCE STORE • 2,440 SF
      356 16th St, Belle Glade, FL 33430-2819
      View Details
    • Value Estimation by Request
      57,520 SF

      900 Main St

      GROCERY, SUPERMARKET • 57,520 SF
      900 Main St, Belle Glade, FL 33430-4906
      View Details
    • Value Estimation
      $315,000
      1,980 SF

      449 Ave A A

      CONVENIENCE STORE • 1,980 SF
      449 Ave A A, Belle Glade, FL 33430-3005
      View Details
    • Value Estimation
      $920,000
      33,399 SF

      524 Dr Martin Luther King Jr E Blvd

      GROCERY, SUPERMARKET • 33,399 SF
      524 Dr Martin Luther King Jr E Blvd, Belle Glade, FL 33430-3534
      View Details
    • Value Estimation
      $3,300,000
      2,619 SF

      1632 Canal S St

      CONVENIENCE STORE • 2,619 SF
      1632 Canal S St, Belle Glade, FL 33430-4504
      View Details

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    Similar Nearby for Lease

    • $1,400 /Mo

      Versatile Storefront in High-Traffic Area

      Commercial space ideal for small business with excellent visibility.
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      Belle Glade Car Wash Opportunity

      Car wash with infrastructure in place, currently used for car sales.
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      View Details
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    Belle Glade, FL 33430-3733
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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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