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    5311 Highway 22 Panama City, FL 32404

    For Sale
    $720,000

    Fully Leased, 4,004 SF, High Returns

    Property size:
    4,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a recently renovated, 4,004-square-foot building situated on a substantial 30,927.6-square-foot lot at 5311 E Hwy 22, Panama City, Florida 32404. Constructed in 1991 and completely redesigned in 2023, this single-story property is currently fully leased to a thriving daycare center under a three-year lease agreement, ensuring a consistent and reliable income stream. The property's versatile layout is perfectly suited for its current use, featuring well-appointed classrooms, administrative offices, and ample support facilities. The building's modern design and functionality cater to the needs of educational institutions, making it an attractive and low-maintenance investment. Located in Bay County, this turnkey property offers investors a chance to capitalize on the growing demand for childcare services in a stable market. The asking price is $720,000, representing a compelling opportunity for those seeking strong, passive income generation. This property is a rare find, combining a desirable location, a secure lease, and a proven business model.

    Property Features for 5311 Highway 22

    General Information

    Property type
    Specialty properties
    Square Feet
    4,004 SF

    Building Details

    Year Built
    1991
    Stories
    1

    HighLights

    • Recently renovated 4,000 SF building on a 30,927 SF lot in Panama City, FL.
    • Fully leased to a daycare center under a three‑year lease.
    • Turnkey investment opportunity with strong, passive income potential.
    • Asking price: $720,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.5947684
    Latitude
    30.1535125

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    FAQs

    What type of property is this?
    Specialty property - Fully Leased, 4,004 SF, High Returns
    Where is this specialty property located?
    The property is located at 5311 Highway 22 Panama City, FL.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: Recently renovated 4,000 SF building on a 30,927 SF lot in Panama City, FL.; Fully leased to a daycare center under a three-year lease.; Turnkey investment opportunity with strong, passive income potential.
    Request Owner's contact information
    5311 Highway 22 Panama City, FL 32404
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    5311 Highway 22
    Panama City, FL 32404
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    Realmo Value Estimation

    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.

    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.

    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
    5311 Highway 22 Panama City, FL 32404
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