1850 Blue Heron BlvdRiviera Beach, FL 33404

Property Details for 1850 Blue Heron Blvd

Year built

2005

Construction

CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

3,724 SF

Zone code

CG

Property type

Retail properties

Property subtype

Drive through restaurants

APN

56-43-42-30-28-000-0020

APU

56434230280000020

Description

This 1,100 square foot freestanding retail space in West Palm Beach, Florida, offers prime visibility and accessibility. Located at 1850 W Blue Heron Blvd, near I-95 and Congress Ave, this property benefits from over 37,000 vehicles passing daily. The building is part of a 3,724 square foot development, sharing space with a Dunkin' Donuts, ensuring high foot traffic. Monument and building signage opportunities maximize exposure. The area boasts a diverse mix of businesses including O'Reilly Auto Parts, USPS, and a variety of restaurants, creating a strong commercial environment. The property is also situated near residential areas, two schools, and an industrial hub, providing a broad customer base. Easy access to major roadways ensures convenient access for customers and employees. This single-tenant space is ideal for a variety of retail or restaurant uses, offering a unique opportunity to establish a business in a high-traffic, high-visibility location within Palm Beach County. The property's proximity to other successful businesses, including Taco Bell, KFC, Family Dollar, Wawa, and Wendy's, further enhances its appeal. This is a fantastic opportunity to capitalize on a strong location and high daily traffic counts.

• CAP approach

  CAP return

  Valuation

  6%

  $1,819,970

  6.5%

  $1,679,973

  7%

  $1,559,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,610,575

  Geo Method

  $2,610,575

• Alternative Use

  Use

  Valuation

  Residential

  $1,417,120

  Hospitality

  $1,298,074

  Educational

  $1,079,982

  Medical

  $1,117,125

  Retail

  $1,679,973

Location Insight

City

Riviera Beach

County

Palm Beach

State

Florida

Latitude

26.7822

Longitude

-80.0856

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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