Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in 55+ Community Title is generated by Realmo AI

    FOREST GLENN DRIVE, Spring Hill, FL 34607

    View on Map
    Claim this Listing
    For Sale
    $40,000

    Land - SPRING HILL, FL

    Lot size:
    0.13 Acres
    Added:
    Dec 4, 2025
    Days on Market:
    183
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for FOREST GLENN DRIVE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    PDP-MH
    Pets allowed
    Cats OK, Dogs OK, Number Limit, Size Limit
    Standard status
    Active
    APN
    R30-223-17-1760-0000-0770
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    247
    Expense value
    220
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jack Pasmore

    Listing agent Jack Pasmore License #3561147

    Listing office FUTURE HOME REALTY INC 13029 W Linebaugh Av Ste 101, Tampa, FL

    Listing date Dec 4, 2025

    MLS# W7881240 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Resident‑Owned 55+ Mobile Home Park: Enjoy the benefits of ownership.
    • Low Co‑Op Fee: Only $220/month, covering lawn service, dumpster access, community storage, and full access to amenities.
    • Prime Location: Minutes from Cortez Blvd, Weeki Wachee Springs, shopping, dining, and medical facilities.
    • Extensive Amenities: Community pool, clubhouse, shuffleboard courts, horseshoes, and billiard room.
    • Build Your Ideal Home: Opportunity to customize your living space.
    • Quiet and Friendly Atmosphere: Enjoy peaceful streets and a welcoming neighborhood environment.

    Overview

    Located in the resident-owned Forest Glenn 55+ Mobile Home Park in Spring Hill, Florida, Lot 77 offers an opportunity to build a home in a neighborhood known for its quiet streets and friendly atmosphere. The monthly Co-Op fee of $220 includes lawn service, dumpster access for garbage disposal, use of the community storage yard, and access to all Forest Glenn amenities. These amenities include a community pool, clubhouse, shuffleboard courts, horseshoes, and a billiard room. The lot is located minutes from Cortez Blvd, Weeki Wachee Springs, shopping, dining, and medical facilities, offering convenience within a private, age-restricted neighborhood. The lot size is 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Spring Hill
    County
    Pasco
    State
    Florida
    Longitude
    -82.634016
    Latitude
    28.457639

    Nearby Similar for Sale

    • $1,799,000
      3,327 SF

      Assisted Living Facility For Sale

      Newly constructed assisted living facility with expansion potential.
      13031 PARTRIDGE STREET, SPRING HILL, FL 34608
      View Details
    • $6,995,000
      14,953 SF

      Premium Car Wash Investment Opportunity

      High-visibility car wash and detail center with additional income-producing buildings.
      1108 Commercial Way, Spring Hill, FL 34606
      View Details
    • $495,000
      1,943 SF

      Medical/Retail Office in Prime Location

      Freestanding medical/retail office building in a high-traffic area.
      11151 SPRING HILL DRIVE, SPRING HILL, FL 34609
      View Details
    • $4,400,000
      14,978 SF

      Silverthorn Golf Course Opportunity

      Premier 18-hole championship golf course on nearly 200 acres.
      4460 GOLF CLUB LANE, SPRING HILL, FL 34609
      View Details
    • $4,400,000
      14,978 SF

      Silverthorn Golf Course Opportunity

      Premier 18-hole golf course on nearly 200 acres in Florida.
      4460 GOLF CLUB LANE, SPRING HILL, FL 34609
      View Details
    • $3,200,000
      3,500 SF

      Towing Business with Real Estate

      Towing and recovery business with real estate for sale.
      13818 & 13836 US HIGHWAY 41, SPRING HILL, FL 34610
      View Details
    • $355,000
      2,020 SF

      Spring Hill Duplex For Sale

      Duplex on 0.23 acres with rental income potential.
      1284 London Avenue, Spring Hill, FL 34606
      View Details
    • $355,000
      2,020 SF

      Spring Hill Duplex with Income Potential

      Duplex in Spring Hill near parks and amenities.
      1284 LONDON AVENUE, SPRING HILL, FL 34606
      View Details
    • $6,995,000
      6,500 SF

      Premium Car Wash Investment Opportunity

      Full-service car wash and detail center with income-producing commercial buildings.
      1108 COMMERCIAL Way, Spring Hill, FL 34606
      View Details
    • $1,800,000

      Assisted Living Facility Development Opportunity

      4.6-acre parcel for Assisted Living Facility development in Spring Hill.
      15022 GAR STREET, SPRING HILL, FL 34609
      View Details
    • $1,150,000
      2,650 SF

      Versatile Office Suites in Spring Hill

      Two independent office suites with ample parking and high visibility.
      5300 SPRING HILL Dr, Spring Hill, FL 34606
      View Details
    • $1,695,000

      Professional Office Building Investment Opportunity

      Fully leased two-story office building on Spring Hill Drive.
      5330 SPRING HILL Dr A, Spring Hill, FL 34606
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Residential lot in a convenient Spring Hill 55+ community.
    Where is this mobile home & rv park located?
    The property is located at FOREST GLENN DRIVE Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Resident‑Owned 55+ Mobile Home Park: Enjoy the benefits of ownership.; Low Co‑Op Fee: Only $220/month, covering lawn service, dumpster access, community storage, and full access to amenities.; Prime Location: Minutes from Cortez Blvd, Weeki Wachee Springs, shopping, dining, and medical facilities.
    (352) 942-4762
    We can help!
    Listing Contact
    Jack Pasmore
    Real Estate License ID: 3561147
    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.
    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
    FOREST GLENN DRIVE, SPRING HILL, FL 34607
    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!