New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Mobile home & RV parks
8615 Bayshore Rd, Palmetto, FL 34221-8436
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-4571168
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
3,800 SF
Lot
17.58 ac (765,785 SF)
Zoning code
PD-RV
APN
6334.0000-7
UPID
US18-4571168
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
-
C&K Mobile RV Repair Service Auto Repair Shop
-
Mobile RV Medic Auto Repair Shop
-
Fiesta Grove RV Resort Hotel & Motel Resort
-
Pressure Washers Near Me LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Fiesta Grove LLC · 20 yrs held
Fiesta Grove LLC
since 2005
5 recorded transactions
Zoning & alternative use
PD-RV · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$585,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$530,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$350,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$340,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$132 / 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
$119,442
Tax year 2023
Assessed value
$6,573,775
Assessed 2023
Previous assessed
$5,717,070
+15.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,419,585
Assessed improvement
$5,154,190
Land market value
$1,419,585
Improvement market value
$5,154,190
Total market value
$6,573,775
Applied tax rate
1.0000
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
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
YES
Stories
1
Units
220
Total area
3,800 SF
Lot
17.58 ac (765,785 SF)
Zoning code
PD-RV
APN
6334.0000-7
UPID
US18-4571168
Jurisdiction
MANATEE
Zoning & alternative use
PD-RV · Palmetto, FL
Zoning PD-RV · permitted uses
PD-RV · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$585,000
OFFICE BUILDING
Est. value
$530,000
RETAIL STORES
Est. value
$350,000
COMMERCIAL (GENERAL)
Est. value
$340,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1978
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Units
220
Lot
17.58 ac
Current owner
From public records · entity-resolved
Fiesta Grove LLC
Entity
Mailing address
3310 US HWY 301ST N, ELLENTON, FL 34222-2124
Ownership since
2005
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
Nov 30, 2017
—
Fiesta Grove LLC
—
Deed
related
$1,771,200 · Premier Cmnty Bk
Oct 31, 2005
—
Fiesta Grove LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Fiesta Grove LLC
—
Deed Of Trust
related
$2,100,000 · First American Bk/charlotte
—
—
Fiesta Grove LLC
—
Deed Of Trust
related
$1,771,200 · Premier Cmnty Bk
—
—
Fiesta Grove LLC
—
Deed Of Trust
related
$600,000 · John W & Mary M Denton
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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