Property summary
This exceptional investment opportunity presents a fully leased, single-story school building in Panama City, Florida. The 4,004-square-foot property, situated on a 0.71-acre lot, boasts a recently completed (2023) renovation, ensuring modern functionality and aesthetics. Currently operating under a triple-net (NNN) lease with a single tenant, the property offers a stable and predictable income stream. The lease commenced April 15, 2024, and extends to July 15, 2027, representing a remaining… term of approximately 2.6 years. The building features seven classrooms, five restrooms, and ample support facilities, all designed to meet the needs of an educational institution. The property includes a generous off-street parking lot and a fully fenced area, enhancing safety and security. The asking price is $720,000, representing an attractive 8.34% cap rate based on a net operating income (NOI) of $60,060. The lease includes a 3% annual rent bump, providing built-in growth potential. The property is zoned General Commercial 1 and has a Bay County APN of 24453-000-000. This turnkey investment offers a compelling opportunity for passive income generation in a growing market. The property's modern design, reliable tenant, and strong financial performance make it an ideal addition to any investment portfolio. The building's upgrades include new flooring, windows, doors, and lighting.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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