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    OFF-MARKET
    Parking lots & garages

    11980 Shiloh Rd, Cedar Key, FL 32625-2611

    4,200 SF 12.7 ac lot Built 2010
    Individually Owned ~ Est. High Equity
    Property ID
    US18-6718545
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents 30 luxurious RV lots in a Cedar Key, Florida RV park, available for bulk purchase at $1,050,000. Built in 2010 and renovated in 2019, this 108,000 square foot property boasts a 10% cap rate and a $105,000 NOI. Each lot offers ample space (3,600 sq ft) and the park enjoys a 95% occupancy rate during peak season (late fall to winter). The property is conveniently located just 10 minutes from downtown Cedar Key on the Gulf Coast. On-site management handles all operations, minimizing maintenance and maximizing rental income. Lots can be retained for ongoing rental income or sold individually for a potential profit. The individual lot value significantly exceeds the bulk sale price. This turnkey operation provides a hassle-free path to substantial returns, with potential for additional income through work camper rentals. The property includes 30 parking spaces, one per unit. This is a rare opportunity to acquire a well-established, high-performing RV park portfolio.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Year built 2010
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,200 SF
    Lot 12.7 ac (553,212 SF)
    APN 29800100
    UPID US18-6718545
    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
    • Cedar Key RV Resort Campground & RV Park
    • DocWolf Publishing Publishing House
    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
    Cedar Key R Vy Resort Cooperative I
    Cedar Key R Vy Resort Cooperative I
    since 2025
    7 recorded transactions
    2025
    $125,600
    2025
    $125,600
    2015
    2009
    2008
    2008
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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