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Property profile & analytics
OFF-MARKET Estimated value $3,475,000
Community centers

9940 Belvedere Rd Ste A Royal Palm Beach, FL 33411-3500

13,168 SF 1.48 ac lot Built 2004
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3878399
Property summary
AI-generated overview

This thriving restaurant in West Palm Beach, Florida, presents a unique investment opportunity. Located within the bustling Super Walmart Plaza, alongside a Murphy Gas Station and other established businesses, this property benefits from exceptional visibility and high foot traffic. The restaurant itself is a proven income generator, consistently producing significant revenue. The sale includes all necessary equipment, appliances, and furniture, simplifying the transition for the new owner. Situated near several residential communities and a professional technology school, the location ensures a steady stream of potential customers. The current lease is transferable, offering significant cost savings with a low monthly rent of $4,761, which includes trash removal. Built in 2004, this business occupies a space within a larger plaza at 9940 Belvedere Road, West Palm Beach, FL 33411. The property's address is verified as 9940 Belvedere Road, in Palm Beach County. While the lot size is not specified, the consistent profitability and prime location make this a compelling investment opportunity for a savvy entrepreneur seeking a turnkey operation. The seller is motivated to sell due to the challenge of managing multiple restaurants simultaneously. This is a chance to acquire a well-established business with significant growth potential in a high-demand area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2004
Construction CONCRETE
Total area 13,168 SF
Lot 1.48 ac (64,347 SF)
Zoning code CG
APN 72-42-43-31-07-000-0030
UPID US18-3878399
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
$3.28M
Comparable Approach Comparable
$4.19M
Blend (final) Blend
$3.48M
Owner & transaction history
Ybeauti Salon And Spa LLC · 1 yrs held
Ybeauti Salon And Spa LLC
since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $5.5M +41.8%
Retail stores $5.5M +41.0%
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