Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Mobile home & RV parks
1070 Laurel E Rd Nokomis, FL 34275-4500
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-2730484
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1970
Total area
5,329 SF
Lot
77.03 ac (3,355,505 SF)
Zoning code
RMH
APN
0383-11-0002
UPID
US18-2730484
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
-
Cool Kickin Karaokeeeand DJ service DJ & Entertainment Nightclub
-
Susu Shire Meditation Gazebo Spiritual Center
-
Sarasota Digital Marketing | SEO Advertising Agency Marketing & Advertising
-
Another Son Of A Gunn Car Keys Factory
-
Royal Coachman Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Mhc Royal Coachman LLC · 14 yrs held
Mhc Royal Coachman LLC
since 2011
2 recorded transactions
Zoning & alternative use
RMH · Nokomis, 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 Nokomis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nokomis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$442 / 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
$397,961
Tax year 2023
Assessed value
$39,448,600
Assessed 2023
Previous assessed
$37,314,800
+5.7% YoY
Effective rate
1.01%
On assessed value
Assessed land
$37,881,000
Assessed improvement
$1,567,600
Land market value
$37,881,000
Improvement market value
$1,567,600
Total market value
$39,448,600
Applied tax rate
9,201.0000
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
1970
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
549
Rooms
10
Bathrooms
2
Total area
5,329 SF
Lot
77.03 ac (3,355,505 SF)
Zoning code
RMH
APN
0383-11-0002
UPID
US18-2730484
Jurisdiction
SARASOTA
Zoning & alternative use
RMH · Nokomis, FL
Zoning RMH · permitted uses
RMH · Nokomis, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nokomis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
549
Rooms
10
Bathrooms
2
Lot
77.03 ac
Current owner
From public records · entity-resolved
Mhc Royal Coachman LLC
Entity
Mailing address
917 W WASHINGTON BLVD, CHICAGO, IL 60607-2203
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2011
—
Mhc Royal Coachman LLC
Lemb III LP
Special Warranty Deed
$100,000,000 · Morgan Stanley Mortgage Capital Hol
Aug 4, 1997
$11,672,500
LP Lemb III
Arvee Dona Bay INC
Grant Deed
$20,768,336 · Lehman Brothers Holdings INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1070 Laurel E Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
