Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Pad Site For Sale Title is generated by Realmo AI

    15031 Palm Beach Blvd, Alva, FL 33920

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial land for sale with high traffic and visibility.

    Type:Land
    Lot size:
    1.16 Acres
    Added:
    Sep 17, 2025
    Days on Market:
    259
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 15031 Palm Beach Blvd

    General Information

    Standard status
    Active
    Lot size
    1.16 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Kaleb Gerald

    Listing agent Kaleb Gerald License #P3529244

    Listing office Trinity Commercial Group

    Listing date Sep 17, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Trinity Commercial Group

    HighLights

    • High traffic count: Approximately 35,500 vehicles per day on State Road 80 (Palm Beach Blvd).
    • Located in a rapidly growing residential area anchored by River Hall (±2,695 units) and other master‑planned communities.
    • ±1.16‑acre commercial pad site.
    • Zoned CN‑2 (Commercial Neighborhood) allowing for a wide range of uses.
    • Strong frontage and visibility on State Road 80.
    • Corner location at State Road 80 (Palm Beach Blvd) and South Olga Drive.

    Overview

    This commercial pad site encompasses approximately 1.16 acres and is located at the corner of State Road 80 (Palm Beach Blvd) and South Olga Drive in Alva, Florida. The property benefits from frontage and visibility along SR-80, which experiences approximately 35,500 vehicles per day. It is situated within a rapidly growing residential area anchored by River Hall, a community with approximately 2,695 units, and multiple surrounding master-planned communities. The site is zoned CN-2 (Commercial Neighborhood), which allows for a range of retail, service, office, and neighborhood commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alva
    County
    Lee
    State
    Florida
    Longitude
    -81.711886
    Latitude
    26.7120643

    Nearby Similar for Sale

    • $199,000

      Waterfront Acreage in Gated Community

      1.42 acre waterfront lot ready for building in Alva.
      1993 Buford Street, Alva, FL 33920
      View Details
    • $399,900

      Land on Highway 80

      Almost 2 acres with 507 feet on Highway 80.
      23070 Palm Beach Boulevard, Alva, FL 33920
      View Details
    • $129,500

      Lakefront Lot in Gated Community

      2.01-acre lakefront lot in Alva, Florida's Caloosa Preserve.
      22820 Yellow Button Lane, Alva, FL 33920
      View Details
    • $189,990

      Spacious Homesite Near Caloosahatchee River

      1.44-acre homesite to build your dream home.
      18151 Riverchase Court, Alva, FL 33920
      View Details
    • $299,000
      2,715 SF

      Riverfront Lot with Approved Plans

      Riverfront lot with plans for a 2,715 SF home.
      18011 Riverchase Ct lot: 56, ALVA, FL 33920
      View Details
    • $7,750,000

      Alva Equestrian Facility on 20+ Acres

      Equestrian facility with homes, barn, arena, and storage.
      21571 N River Rd lot: 2, ALVA, FL 33920
      View Details
    • $525,000

      Alva Land: Private, Protected Acres

      5.5+ acres in Alva, perfect for a private retreat.
      3751 Bateman Road, Alva, FL 33920
      View Details
    • $26,500

      Residential Land in Growing Community

      Vacant land in Alva, FL, with investment potential.
      4007 E 23rd Street, Alva, FL 33920
      View Details
    • $59,900

      Commercial Lot on Joel Blvd

      Commercial lot available on busy Joel Blvd in Alva, Florida.
      2249 Joel Blvd lot: 14, ALVA, FL 33920
      View Details
    • $750,000

      Palm Beach Blvd Commercial Land

      2.09± acres of CPD-zoned land with direct frontage.
      16401 Palm Beach Blvd, Alva, FL 33920
      View Details
    • $125,000

      Waterfront Land in River Oaks

      Direct access to Caloosahatchee River, ideal for boating.
      2211 Safe Harbour Court, Alva, FL 33920
      View Details
    • $314,000

      Riverfront Lot in Boating Community

      Oversized, build-ready riverfront lot in Alva's premier boating community.
      16520 Oakview Circle, Alva, FL 33920
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale with high traffic and visibility.
    Where is this commercial land located?
    The property is located at 15031 Palm Beach Blvd Alva, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: High traffic count: Approximately 35,500 vehicles per day on State Road 80 (Palm Beach Blvd).; Located in a rapidly growing residential area anchored by River Hall (±2,695 units) and other master‑planned communities.; ±1.16‑acre commercial pad site.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kaleb Gerald
    Real Estate License ID: P3529244
    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.
    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

    Thank You for Inquiry
    15031 Palm Beach Blvd, Alva, FL 33920
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!