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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Commercial real estate
701 Hwy 318 Citra, FL 32113-2145
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3915935
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Construction
WOOD FRAME
Total area
768 SF
Lot
6.26 ac (272,686 SF)
Zoning code
RR
APN
03600-004-00
UPID
US18-3915935
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
-
Water's Edge Oaks RV Resort Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Old Florida Rv Resort Park LLC · 1 yrs held
Old Florida Rv Resort Park LLC
since 2024
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
RR · Citra, 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 Citra submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citra 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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Oct 16 2024)
Last sale anchor
$1.95M
Oct 16 2024
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
$2,539 / 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
$8,887
Tax year 2023
Assessed value
$392,718
Assessed 2023
Previous assessed
$357,016
+10.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$231,783
Assessed improvement
$160,935
Land market value
$231,783
Improvement market value
$430,806
Total market value
$662,589
Applied tax rate
9,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Bathrooms
2
Total area
768 SF
Lot
6.26 ac (272,686 SF)
Zoning code
RR
APN
03600-004-00
UPID
US18-3915935
Jurisdiction
MARION
Zoning & alternative use
RR · Citra, FL
Zoning RR · permitted uses
RR · Citra, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citra. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
6.26 ac
Current owner
From public records · entity-resolved
Old Florida Rv Resort Park LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 532, OCALA, FL 34478-0532
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$1,950,000
Old Florida Rv Resort Park LLC
Cgb Investment Properties LLC
Warranty Deed
—
May 25, 2023
$1,424,000
Cgb Investment Properties LLC
Basile Enterprises LLC
Warranty Deed
$1,124,000 · Basile Enterprises LLC
Feb 24, 2023
—
Basile Enterprises LLC
Richard J Basile
Intrafamily Transfer
related
—
Jan 16, 2004
$130,000
Richard J Basile
Neidige,david E
Grant Deed
—
Jun 26, 1997
$105,000
David E Neidige
Clyatt,nancy K
Grant Deed
$90,000 · Seller
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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