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Property profile & analytics
OFF-MARKET
Warehouses

22110 Palm Bch Blvd Alva, FL 33920-9602

1,728 SF 0.89 ac lot Built 1958
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US18-5170938
Property summary
AI-generated overview

This exceptional commercial property, situated on a 0.89-acre lot at 22110 Palm Beach Boulevard in Alva, Florida, presents a unique investment opportunity. The property boasts two substantial steel warehouses ideally suited for a variety of businesses, particularly those requiring ample storage space. The first warehouse measures 48 feet by 36 feet and features a convenient covered porch, an interior restroom and shower, and a robust 200-amp electrical service with significant panel capacity. This building is perfectly positioned for immediate occupancy. The second warehouse, significantly larger at 80 feet by 24 feet, offers exceptional loading capabilities. It includes a dock-height loading platform equipped with an overhead door, plus another large overhead door complemented by a ramp for easy access, ensuring efficient and convenient handling of goods. The property's strategic location directly on Route 80 in Alva provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in this thriving area. The combination of ample storage, convenient features, and prime location makes this property a compelling investment opportunity. The property is priced at $575,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction STEEL FRAME
Total area 1,728 SF
Lot 0.89 ac (38,638 SF)
Zoning code AG-2
APN 26-43-27-00-00015.0010
UPID US18-5170938
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
  • J&M.FARMS.LLC. Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
22110 Palm Beach Blvd LLC · 3 yrs held
22110 Palm Beach Blvd LLC
since 2023
7 recorded transactions
2023
Price N/A
2015
$150,000
2013
$35,000
2013
$100
2005
$128,000
1999
$75,000
1969
Price N/A
Zoning & alternative use
AG-2 · Alva, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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