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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Turn key restaurants
19581 Palm Bch Blvd Alva, FL 33920-3719
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1674734
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,278 SF
Lot
2.54 ac (110,642 SF)
Zoning code
AG-2 AG-2
APN
29-43-27-00-00011.0020
UPID
US18-1674734
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tom's Appliance & Repair Hardware & Home Improvement HVAC Service
-
Leo's French Toast House Restaurant
-
Pullen Air Corp HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Marco A Rosas Ruiz · 2 yrs held
Marco A Rosas Ruiz
since 2024
Last sale
$680,000
5 recorded transactions
Zoning & alternative use
AG-2 AG-2 · Alva, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$900,000
+21.9%
Commercial (general)
$795,000
+7.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alva submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alva submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$680,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$740,000
Current use
AUTO REPAIR, GARAGE
$900,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (May 1 2024)
Last sale anchor
$680k
May 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$532 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,697
Tax year 2023
Assessed value
$211,195
Assessed 2023
Previous assessed
$211,195
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$55,314
Assessed improvement
$155,881
Land market value
$55,314
Improvement market value
$155,881
Total market value
$211,195
Applied tax rate
158.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
2
Total area
1,278 SF
Lot
2.54 ac (110,642 SF)
Zoning code
AG-2 AG-2
APN
29-43-27-00-00011.0020
UPID
US18-1674734
Jurisdiction
LEE
Zoning & alternative use
AG-2 AG-2 · Alva, FL
Zoning AG-2 AG-2 · permitted uses
AG-2 AG-2 · Alva, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alva. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$795,000
RESTAURANT Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
Marco A Rosas Ruiz
Individual
Mailing address
8956 BANYAN CV CIR, FORT MYERS, FL 33919-3256
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$680,000
Marco A Rosas Ruiz
Trevor John Pumphrey
Warranty Deed
$200,000 · Trevor Pumphrey
Jun 23, 2014
$193,000
Trevor J Pumphrey
Lalor,thomas M SR
Warranty Deed
—
—
—
Thomas M Lalor SR.
—
Deed Of Trust
related
$16,238 · Forsythe S T Living Tr (tr)
—
—
Thomas M Lalor SR.
—
Deed Of Trust
related
$181,692 · Forsythe S T Living Tr (pt)
—
—
Thomas M Lalor SR.
—
Loan Modification
related
$184,321 · Forsythe Samuel T Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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