Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    104 3rd Oaks Ln Sanford, FL 32773-8006

    • Mobile home & RV parks
    • 0.56 lot acres
    OFF-MARKET
    Last Sale
    Jul 14, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3358813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 104 3rd Oaks Ln

    Lot size
    0.56 lot acres
    Property type
    Mobile home & RV parks
    APN
    01-20-30-516-0000-003A
    APU
    0120305160000003A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2675
    Latitude
    28.7768
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,966
    $0.00
    $0.00
    $85,350
    -
    $44,000
    $41,350
    $85,350

    Comparable in this City

    • Value Estimation by Request
      1.47 Acres

      2545 Park Dr Lot, Unit 100

      MOBILE HOME PARK, TRAILER PARK • 1.47 Acres
      2545 Park Dr Lot, Sanford, FL 32773-5165
      View Details
    • Value Estimation by Request
      3,022 SF

      500 Carriage Cv Way

      MOBILE HOME PARK, TRAILER PARK • 3,022 SF
      500 Carriage Cv Way, Sanford, FL 32773-6059
      View Details
    • Value Estimation by Request
      1,512 SF

      800 Santa Barbara Dr

      MOBILE HOME PARK, TRAILER PARK • 1,512 SF
      800 Santa Barbara Dr, Sanford, FL 32773-5061
      View Details
    • Value Estimation by Request
      6.00 Acres

      2999 Knudsen Dr

      Land • 6.00 Acres
      2999 Knudsen Dr, Sanford, FL 32773
      View Details
    • Value Estimation by Request

      Scarlet Dr

      Land
      0 Scarlet Dr, Sanford, FL 32773
      View Details
    • Value Estimation by Request
      3.27 Acres

      3900 Lake Mary Blvd

      Land • 3.27 Acres
      3900 Lake Mary Blvd, Sanford, FL 32773
      View Details

    Similar Nearby for Sale

    • $699,000

      Sanford Income-Producing Quadplex Opportunity

      Well-maintained Sanford quadplex near downtown with strong rental potential.
      2547 Myrtle Ave, Sanford, FL 32773
      View Details
    • $1,144,500
      3.27 Acres

      Prime Sanford Residential Land

      3.27 acres, ideal residential development.
      3900 Lake Mary Blvd, Sanford, FL 32773
      View Details
    • $825,000
      1,716 SF

      Sanford Office and Residential Investment

      Two Sanford properties: office and tenant-occupied home with redevelopment potential.
      2606 S Orlando Dr, Sanford, FL 32773
      View Details
    • $700,000
      16.66 Acres

      Secluded Seminole County Ranchette

      16.66 Acres, Residential Land, Sanford, FL
      0 Hester Ave, Sanford, FL 32773
      View Details
    • $1,900,000

      Land Near Orlando Airport

      Vacant land near Orlando Sanford International Airport.
      7375 County Road 427, Sanford, FL 32773
      View Details
    • $2,275,000

      19 Acre Lake Brian Property

      24.77 acre property with private lake near Orlando.
      4950 County Rd 46A Blvd, Sanford, FL 32773
      View Details

    Similar Nearby for Lease

    • $50 SF/Yr
      113 SF

      Sanford Flex Space for Lease

      113 sq ft office, immediate occupancy
      1500 Tropic Park Dr, Sanford, FL 32773
      View Details
    • $12 SF/Yr
      968 SF

      Lake Mary Blvd Gas Station Lease

      High-traffic corner location, excellent income potential.
      490 Lake Mary Blvd, Sanford, FL 32773
      View Details
    • $45,341

      Sanford Warehouse with Office Space

      Well-maintained warehouse with offices near Ronald Reagan Blvd.
      2789 S Financial Ct, Sanford, FL 32773
      View Details
    • $12 SF/Yr
      13,500 SF

      Orlando Sanford Airport Flex Space

      Flex/office/industrial space near Orlando Sanford International Airport.
      2800-2848 South Mellonville Ave, Sanford, FL 32773
      View Details
    • Contact for pricing
      2,600 SF

      Retail Space in Seminole Centre

      Retail space available in a busy Sanford shopping center.
      3655-3707 S Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing

      Retail Space in Seminole Center

      Prime retail space with high visibility and traffic.
      3653 South Orlando Dr, Sanford, FL 32773
      View Details
    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.
    104 3rd Oaks Ln
    Sanford, FL 32773-8006
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.