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    Property profile & analytics

    18672 State Rd 31 Alva, FL 33920-3002

    • Retail space
    • 5,760 SF
    • 14.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-7758910
    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 18672 State Rd 31

    Year built
    2011
    Construction
    FRAME
    Lot size
    14.20 lot acres
    Property size
    5,760 SF
    Zone code
    AG-2
    Property type
    Retail space
    APN
    18-43-26-00-00001.0200
    APU
    18432600000010200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alva
    County
    Lee
    State
    Florida
    Longitude
    -81.759
    Latitude
    26.7358
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, 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
    $2,069
    $6,575
    $121,493
    $128,068
    -
    $0.00
    $0.00
    $341,593

    Comparable in this City

    • Value Estimation
      $635,000
      1,864 SF

      17261 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,864 SF
      17261 Broadway St, Alva, FL 33920-3906
      View Details
    • Value Estimation by Request
      1,352 SF

      2300 Joel Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,352 SF
      2300 Joel Blvd, Alva, FL 33920-4011
      View Details
    • Value Estimation by Request
      9,147 SF

      21440 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,147 SF
      21440 Palm Bch Blvd, Alva, FL 33920-4064
      View Details
    • Value Estimation
      $635,000
      3,800 SF

      21450 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      21450 Palm Bch Blvd, Alva, FL 33920-4064
      View Details
    • Value Estimation
      $470,000
      3,259 SF

      21321 Palm Bch Blvd

      CONVENIENCE STORE • 3,259 SF
      21321 Palm Bch Blvd, Alva, FL 33920-4049
      View Details
    • Value Estimation
      $215,000
      2,112 SF

      18500 Palm Bch Blvd

      CONVENIENCE STORE • 2,112 SF
      18500 Palm Bch Blvd, Alva, FL 33920-3629
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      View Details
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    18672 State Rd 31
    Alva, FL 33920-3002
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    Realmo Value Estimation

    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.

    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.

    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
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