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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Retail space
21440 Palm Bch Blvd Alva, FL 33920-4064
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-4955198
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
STEEL FRAME
Total area
9,147 SF
Lot
2.05 ac (89,342 SF)
Zoning code
CN-2
APN
27-43-27-00-00054.0070
UPID
US18-4955198
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
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.81M
Owner & transaction history
Lisa Lane Libman Family LLC · 9 yrs held
Lisa Lane Libman Family LLC
since 2017
7 recorded transactions
Zoning & alternative use
CN-2 · Alva, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,845,000
7%
$1,715,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,875,000
Current use
OFFICE BUILDING
$2,650,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$2,615,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10%
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
$198 / 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
$26,662
Tax year 2023
Assessed value
$1,929,168
Assessed 2023
Previous assessed
$1,728,939
+11.6% YoY
Effective rate
1.38%
On assessed value
Assessed land
$696,260
Assessed improvement
$1,232,908
Land market value
$696,260
Improvement market value
$1,232,908
Total market value
$1,929,168
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
9,147 SF
Lot
2.05 ac (89,342 SF)
Zoning code
CN-2
APN
27-43-27-00-00054.0070
UPID
US18-4955198
Jurisdiction
LEE
Zoning & alternative use
CN-2 · Alva, FL
Zoning CN-2 · permitted uses
CN-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
RETAIL STORES Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
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
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
Lisa Lane Libman Family LLC
Entity
Free & Clear · 9 yrs held
Mailing address
601 PUTTER LN, LONGBOAT KEY, FL 34228-3528
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2017
$1,925,000
Lisa Lane Libman Family LLC
Palmetto Alva-sr 80 LLC
Warranty Deed
—
Apr 27, 2017
—
Palmetto Alva-sr 80 LLC
Lis Engineering LLC
Quit Claim Deed
—
Jul 15, 2016
$125,000
Palmetto Alva-sr 80 LLC
Sample,gregory
Warranty Deed
$1,259,998 · Farmers & Merchants Nat'l Bk
Jul 15, 2016
—
Gregory Sample
Sample,kathy
Quit Claim Deed
related
—
Feb 3, 2015
—
Sample,gregory Trust
Sample Gregory
Quit Claim Deed
related
—
Dec 19, 2008
—
Gregory Sample
Sample,kathy
Quit Claim Deed
—
Apr 7, 2005
$285,000
Greg Sample
Lewis Timothy A Trust
Warranty Deed
$210,000 · Fifth Third Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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