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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Mobile home & RV parks
5500 Saint Lucie Blvd Fort Pierce, FL 34946-9056
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US18-5539291
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1981
Total area
4,973 SF
Lot
28.14 ac (1,225,722 SF)
Zoning code
RECREATION
APN
1430-331-0002-000-5
UPID
US18-5539291
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
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.05M
Owner & transaction history
Runner Travel Resort Real Road · 18 yrs held
Runner Travel Resort Real Road
since 2008
7 recorded transactions
Zoning & alternative use
RECREATION · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
by Request
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$855,000
Current use
OFFICE BUILDING
$795,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10%
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
$211 / 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
$120,515
Tax year 2023
Assessed value
$6,646,600
Assessed 2023
Previous assessed
$5,430,843
+22.4% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,316,000
Assessed improvement
$5,330,600
Land market value
$1,316,000
Improvement market value
$5,330,600
Total market value
$6,646,600
Applied tax rate
2.0000
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
1981
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
376
Rooms
752
Total area
4,973 SF
Lot
28.14 ac (1,225,722 SF)
Zoning code
RECREATION
APN
1430-331-0002-000-5
UPID
US18-5539291
Jurisdiction
ST LUCIE
Zoning & alternative use
RECREATION · Fort Pierce, FL
Zoning RECREATION · permitted uses
RECREATION · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$795,000
MEDICAL BUILDING
Est. value
$725,000
MOBILE HOME PARK, TRAILER PARK Current
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
376
Rooms
752
Lot
28.14 ac
Current owner
From public records · entity-resolved
Runner Travel Resort Real Road
Individual
Mailing address
5500 SAINT LUCIE BLVD, FORT PIERCE, FL 34946-9056
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2017
—
Road Runner Travel Resort Real
—
Deed
related
$2,275,000 · Seacoast Nat'l Bk
Mar 10, 2008
—
Runner Travel Resort Real Road
Minix Marilyn J Trust
Quit Claim Deed
related
—
Nov 2, 2007
—
Marilyn H Minix
Minix James I Trust
Quit Claim Deed
related
—
Dec 29, 2006
—
Minix Marilyn J Trust
Minix,marilyn J
Quit Claim Deed
related
—
Jan 5, 2005
—
Minix James I Trust Agreement
Minix,james I
Quit Claim Deed
related
—
Dec 13, 2004
—
Marilyn J Minix
Minix,james I & Marilyn J
Quit Claim Deed
related
—
—
—
Road Runner Travel Resort Real
—
Loan Modification
related
$1,004,342 · Seacoast Nat'l Bk
—
—
Edith O Rowe
—
Deed Of Trust
related
$15,367 · Riverside National Bank
—
—
Road Runner Travel Resort Real
—
Loan Modification
related
$2,275,000 · Seacoast Nat'l Bk
—
—
Marilyn J Minix
—
Deed Of Trust
related
$1,000,000 · James I Minix
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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