Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Alva Alva, FL 33920
    Back to Search
    Property profile & analytics

    Alva, Alva, FL 33920

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Alva

    Property type
    Specialty properties

    Description

    This exceptional 16,000 dollar special purpose property presents a unique opportunity in the thriving community of Alva, Florida, located in Lee County, zip code 33920. Situated at latitude 26.7156236 and longitude -81.6100797, this parcel offers the perfect canvas for your dream home or a savvy investment in a rapidly growing area. The property is classified as special purpose, providing flexibility for various development possibilities. The location in Alva offers access to the amenities and conveniences of a growing Florida community. This is an excellent chance to secure land in a desirable location at an attractive price point. The property is ready for immediate development, allowing you to begin building your vision without delay. Don't miss this chance to own a piece of Florida's future. The address is listed as Alva, Florida, though the city is listed as "Other City - In The State Of Florida" in the provided data. This presents a unique opportunity to build in a developing area with potential for significant appreciation. The property is priced competitively, making it an attractive option for both residential and potential commercial development. Further due diligence is recommended to confirm all zoning regulations and development possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alva
    County
    Lee
    State
    Florida
    Longitude
    -81.6101
    Latitude
    26.7156

    Comparable in this City

    • Value Estimation by Request

      23930

      Specialty properties
      0 23930, Alva, FL 33920
      View Details
    • Value Estimation by Request

      2519 Jetridge St

      Specialty properties
      2519 Jetridge St, Alva, FL 33920
      View Details
    • Value Estimation by Request

      23960

      Specialty properties
      0 23960, Alva, FL 33920
      View Details
    • Value Estimation by Request

      2304 Irving Ave

      Specialty properties
      2304 Irving Ave, Alva, FL 33920
      View Details
    • Value Estimation by Request
      2,771 SF

      2541 Charleston Park Dr

      DAY CARE, PRE-SCHOOL
      2541 Charleston Park Dr, Alva, FL 33920-4116
      View Details
    • Value Estimation by Request
      1.08 Acres

      Alva, FL 33920

      WASTE DISPOSAL, SEWAGE
      Alva, FL 33920
      View Details

    Similar Nearby for Sale

    • New
      $119,999

      Specialty Commercial Property

      For sale in Alva, Florida’s Lee County, offering a straightforward opportunity for specialty-oriented use cases.
      2357 Joel Blvd, Alva, FL 33920
      View Details
    • Contact for pricing

      Church Property on Three Lots

      Church property with residential space, Alva, Florida. Investor opportunity.
      23090 Railroad Ave, Alva, FL 33920
      View Details
    • $30,000
      0.28 Acres

      Vacant Rural Lot in Alva

      Undeveloped 0.28-acre lot offering solitude and privacy.
      4219 E 30Th St, Alva, FL 33920
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      55,056 SF

      Retail Opportunities Near Babcock Ranch

      Outparcels, big box, and junior box retail spaces available for lease.
      12400 Basalt Ln, Alva, FL 33920
      View Details
    • Contact for pricing
      30,200 SF

      Retail Space in Growing Community

      Retail opportunities available in a large master-planned community.
      12401 Basalt Ln, Alva, FL 33920
      View Details
    • Contact for pricing
      145,000 SF

      Retail Space in Growing Community

      Retail opportunity in a rapidly expanding master-planned community.
      Saw Palmetto Pkwy, Alva, FL 33920
      View Details
    • Contact for pricing
      11,200 SF

      Retail Opportunities Near Babcock Ranch

      Outparcels and box opportunities available near a growing community.
      Saw Palmetto Pkwy, Alva, FL 33920
      View Details
    • Contact for pricing
      63,224 SF

      Retail Space in Growing Community

      Outparcels and box opportunities available in Babcock Ranch.
      12403 Citrine St, Alva, FL 33920
      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.
    Alva
    Alva, FL 33920
    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
    Alva, 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!