Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Broadway Riviera Beach, FL

    • Retail space
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0369641
    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

    • Retail space

    Property Details for Broadway

    Lot size
    0.16 lot acres
    Zone code
    DC
    Property type
    Retail space
    APN
    56-43-42-33-04-006-0070
    APU
    56434233040060070

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0557
    Latitude
    26.7765
    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
    $1,205
    $54,512
    $3,552
    $58,064
    -
    $54,512
    $3,552
    $58,064

    Comparable in this City

    • Value Estimation by Request
      40.60 Acres

      Bessemer Rd, FL

      RETAIL STORES (PERSONAL SERVICES) • 40.60 Acres
      Bessemer Rd, FL
      View Details
    • Value Estimation by Request
      4.60 Acres

      Old Trilby Rd, FL

      RETAIL STORES (PERSONAL SERVICES) • 4.60 Acres
      Old Trilby Rd, FL
      View Details
    • Value Estimation
      $235,000
      1,800 SF

      Main St, FL

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      Main St, FL
      View Details
    • Value Estimation
      $280,000
      0.16 Acres

      Delray Beach, FL

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      Delray Beach, FL
      View Details
    • Value Estimation
      $225,000
      0.04 Acres

      Cambridge St, FL

      RETAIL STORES (PERSONAL SERVICES) • 0.04 Acres
      Cambridge St, FL
      View Details
    • Value Estimation by Request
      47.80 Acres

      Dan Brown Hill

      RETAIL STORES (PERSONAL SERVICES) • 47.80 Acres
      Dan Brown Hill, Rd, FL
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,850 SF

      Anna Maria Retail Opportunity

      2,850 SF retail building in prime beach location.
      10002 Gulf Dr, Anna Maria, FL
      View Details
    • $6,664,000
      2,800 SF

      Plantation Retail Property For Sale

      Retail property with long-term tenant and rental increases.
      1799 N University Dr, Plantation, FL
      View Details
    • $4,400,000
      9,791 SF

      Modern Retail/Flex Investment Opportunity

      New retail/flex building with income and high-traffic frontage.
      98 S, Santa Rosa Beach, FL
      View Details
    • $2,999,999
      6,912 SF

      Clermont Retail/Event Center Opportunity

      Retail/event center in Historic Downtown Clermont near Lake Minneola.
      550 Ave W, Clermont, FL
      View Details
    • $790,000
      1,400 SF

      Calle Ocho Retail Building

      Retail building on Calle Ocho with redevelopment potential.
      5765-5767 SW 8 St, West Miami, FL
      View Details
    • Contact for pricing
      17,864 SF

      Historic Ybor City Brick Building

      Prime Ybor City location suitable for office, retail, or restaurant.
      7TH Ave 1324, Tampa, FL
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,560 SF

      Retail Space in High-Traffic Area

      Well-maintained retail building with high visibility and ample parking.
      3950 92, Casselberry, FL
      View Details
    • $18 SF/Yr
      1,110 SF

      Retail/Office Complex in Destin, FL

      70,000 SF retail/office complex in Destin, Florida for lease.
      922 Us 98, Destin, FL
      View Details
    • $27 SF/Yr
      1,400 SF

      Retail Space in Destin Corridor

      Retail space available in Winn Dixie anchored shopping center.
      981 Us 98, Destin, FL
      View Details
    • $14 SF/Yr
      1,200 SF

      Retail Space in Pace, FL

      Retail space for lease in a busy shopping center.
      4208-4234 Caroline St, Pace, FL
      View Details
    • $30 SF/Yr
      1,600 SF

      Retail Space on Hillsboro Boulevard

      Retail space available for lease on West Hillsboro Boulevard.
      1879 W Hillsboro Blvd, Deerfield Beach, FL
      View Details
    • $32 SF/Yr
      1,827 SF

      Retail Space Near Northwest Hospital

      Retail space with high visibility and traffic count available for lease.
      3105-3213 N State Rd, Margate, FL
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Broadway
    Riviera Beach, FL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.