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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12121 Vonn Rd Largo, FL 33774-3401

    • Mobile home & RV parks
    • 3,672 SF
    • 9.69 lot acres
    OFF-MARKET
    Last Sale
    Nov 13, 2023
    $10,500,000
    Value Estimations
    $10,920,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5469657
    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

    • Beach House RV Resort / Rv Park / Campground
    • Housing / Hotel
    • Kyli Walton / Car Dealer

    Property Details for 12121 Vonn Rd

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.69 lot acres
    Property size
    3,672 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    08-30-15-70470-400-2300
    APU
    83015704704002300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,920,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.819
    Latitude
    27.883
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, 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
    $64,298
    $0.00
    $0.00
    $3,400,000
    -
    $2,541,221
    $858,779
    $3,400,000

    Comparable in this City

    • Value Estimation
      $310,000
      980 SF

      11630 Hamlin Blvd

      MOBILE HOME PARK, TRAILER PARK • 980 SF
      11630 Hamlin Blvd, Largo, FL 33774-3855
      View Details
    • Value Estimation
      $1,065,000
      100 SF

      15004 113th Ave

      MOBILE HOME PARK, TRAILER PARK • 100 SF
      15004 113th Ave, Largo, FL 33774-4377
      View Details
    • Value Estimation by Request
      713 SF

      13300 Walsingham Rd, Unit 20

      APARTMENT HOUSE (UNDER 5 UNITS) • 713 SF
      13300 Walsingham Rd, Largo, FL 33774-3519
      View Details
    • Value Estimation by Request
      932 SF

      13305 Whispering Palms SW Pl, Unit 201

      APARTMENT HOUSE (UNDER 5 UNITS) • 932 SF
      13305 Whispering Palms SW Pl, Largo, FL 33774-2511
      View Details
    • Value Estimation by Request
      872 SF

      12760 Indian Rocks Rd, Unit 206

      APARTMENT HOUSE (UNDER 5 UNITS) • 872 SF
      12760 Indian Rocks Rd, Largo, FL 33774-2308
      View Details
    • Value Estimation by Request
      932 SF

      13305 Whispering Palms SW Pl, Unit 207

      APARTMENT HOUSE (UNDER 5 UNITS) • 932 SF
      13305 Whispering Palms SW Pl, Largo, FL 33774-2553
      View Details

    Similar Nearby for Sale

    • $157,900

      Waterfront 55+ Mobile Home

      Charming mobile home in a waterfront 55+ community.
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    • $1,300,000
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      Boutique Mobile Home Community

      20-unit mobile home community near Indian Rocks Beach.
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    • New
      $475,000
      Pending

      Turnkey Duplex in Largo, Florida

      Well-maintained duplex with strong rental income and long-term tenants.
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    • $972,900
      1,146 SF

      Largo Mixed-Use Investment Opportunity

      High-traffic, .54-acre commercial lot & home.
      00 143Rd St, Largo, FL 33774
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    • $1,650,000
      0.19 Acres

      Commercial Land in Largo, Florida

      Three commercial lots totaling 0.73 acres in Largo, Florida.
      13890 Walsingham Rd, Largo, FL 33774
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    • $139,900

      Land For Sale

      Land available for purchase.
      15102 Mary St, Largo, FL 33774
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    Similar Nearby for Lease

    • $22 SF/Yr
      13,386 SF

      Largo Office/Retail Space

      Versatile 13,386 SF building, ample parking.
      14280 Walsingham Rd, Largo, FL 33774
      View Details
    • $4,200 /Mo
      20,473 SF

      Largo Executive Offices For Lease

      Executive offices for lease with flexible terms and sizes.
      12800 Indian Rocks Rd, Largo, FL 33774
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space in Largo, Florida

      Retail space available in a high-traffic Largo location.
      13801-13847 Walsingham Rd, Largo, FL 33774
      View Details
    • $1,200 /Mo
      800 SF

      LARGO, FL Office Space

      800 sq ft office space in a convenient location.
      14501 Walsingham Rd, Largo, FL 33774
      View Details
    • Contact for pricing
      99,054 SF

      Barclay Square Retail Center

      Largo, FL Shopping Center - 7 Suites
      13801 Walsingham Rd, Largo, FL 33774
      View Details
    • $2,200 /Mo
      1,100 SF

      Oakhurst Road Office Space Available

      1,100 SF office space near Indian Rocks Beach.
      11516 Oakhurst Rd, Largo, FL 33774
      View Details
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    12121 Vonn Rd
    Largo, FL 33774-3401
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    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
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