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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Mobile home & RV parks
1920 151st Ave Lot 5, Lutz, FL 33549-3676
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-0275389
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1982
Total area
840 SF
Lot
1.61 ac (70,132 SF)
Zoning code
AS-1
APN
U3127191D2000000000660
UPID
US18-0275389
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
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$885k
Owner & transaction history
Lutz Mobile Home Parks LLC · 4 yrs held
Lutz Mobile Home Parks LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
AS-1 · Lutz, 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 Lutz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutz 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
$875,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $900k (Mar 29 2022)
Last sale anchor
$900k
Mar 29 2022
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
$1,054 / 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
$13,231
Tax year 2023
Assessed value
$734,300
Assessed 2023
Previous assessed
$343,100
+114.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$127,279
Assessed improvement
$607,021
Land market value
$127,279
Improvement market value
$607,021
Total market value
$734,300
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
1982
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Bathrooms
1
Total area
840 SF
Lot
1.61 ac (70,132 SF)
Zoning code
AS-1
APN
U3127191D2000000000660
UPID
US18-0275389
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
AS-1 · Lutz, FL
Zoning AS-1 · permitted uses
AS-1 · Lutz, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Lutz Mobile Home Parks LLC
Entity
Free & Clear · 4 yrs held
Mailing address
400 RENA DR, LAFAYETTE, LA 70503-4352
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
$900,000
Lutz Mobile Home Parks LLC
David L Jennings
Warranty Deed
—
Apr 28, 2021
—
David L Jennings
David L Jennings
Intrafamily Transfer
related
—
Dec 29, 2004
—
Jennings David L Trust
Jennings,david L
Quit Claim Deed
related
—
Jul 29, 2003
$250,000
David L Jennings
Paulino,ruby I
Grant Deed
$150,000 · Ruby I Paulino
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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