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Property profile & analytics
OFF-MARKET
Estimated value
$3,365,000
Mobile home & RV parks
10 Phillips Dr Freeport, FL 32439-6152
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-3202255
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1995
Total area
2,100 SF
Lot
11.57 ac (503,989 SF)
APN
32-1S-18-14000-002-0050
UPID
US18-3202255
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.37M
Owner & transaction history
Black Creek II LLC
Black Creek II LLC
since 2026
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
$2,805,000
ML approach
$3,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.37M
Range $3.03M – $3.70M · ±10% · vs last sale $3.33M (Nov 17 2023)
Last sale anchor
$3.33M
Nov 17 2023
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
$1,602 / 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
$2,282
Tax year 2023
Assessed value
$274,344
Assessed 2023
Previous assessed
$274,070
+0.1% YoY
Effective rate
0.83%
On assessed value
Assessed land
$274,344
Land market value
$274,344
Total market value
$274,344
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1995
Heating
YES
Cooling
WINDOW A/C
Stories
1
Bathrooms
1
Total area
2,100 SF
Lot
11.57 ac (503,989 SF)
APN
32-1S-18-14000-002-0050
UPID
US18-3202255
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
11.57 ac
Current owner
From public records · entity-resolved
Black Creek II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
313 SAND MYRTLE TRL, DESTIN, FL 32541-3428
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
$2,950,000
Black Creek II LLC
Black Creek Rv Park Holdings LLC
Special Warranty Deed
related
—
Nov 17, 2023
$3,325,000
Black Creek Rv Park Holdings LLC
Black Creek Rv Park LLC
Warranty Deed
—
Sep 18, 2019
$220,000
Philip J Theriault
Tummons,john L & Linda C
Warranty Deed
—
Jul 21, 2015
$125,000
John L Tummons
Centennial Bk
Grant Deed
—
May 11, 2015
$47,000
Centennial Bk
Weir Jimmie C Coc
Trustees Deed
related
—
Nov 16, 2005
—
Jimmie C Weir
—
Trustees Deed
related
$265,000 · Wakulla Bank
Jun 8, 2005
$330,000
Kenneth R Holley
Lassiter,donna M
Warranty Deed
$250,000 · Donna M Lassiter
Aug 16, 2002
$65,000
Woodrow W Long
Lassiter,marion E & Donna M
Grant Deed
—
Jul 15, 1999
$5,000
Donna M Specht
Lassiter,marion E & Donna M
Grant Deed
—
Jul 1, 1998
$40,000
Robert C Posey
Lassiter,marion E & Donna M
Grant Deed
—
—
—
Jimmie C Weir
—
Deed Of Trust
related
—
—
—
Jimmie C Weir
—
Deed Of Trust
related
—
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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