Property profile

2800 East 5Th St Panama City, FL 32401

FOR SALE
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US18-2841640
16,500 SF 1.88 ac Built 1971
Last sale Jun 2024·$395,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$461k
Assessed land$369k
Assessed improvement$92k
Effective rate1.59%

Value estimate

· Nov 2026
$395k
$356k – $435k
AI approach$395k
NOI build-up
Gross scheduled income$171k
Vacancy & credit loss−$10k
Operating expenses−$24k
NOI · 24.79% cap applied$136k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$34 – $147

Cap rate analysis

How does the asset earn?
24.79%
$136k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PC09
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.0
Law Firm17.7
Spa & Massage13.4

Location

2800 East 5Th St Panama City, FL 32401
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1217 Harrison, Panama City, FL 32401-2432 $825,000 Jun 2025 7,505 SF
2630 11th, Panama City, FL 32401-4407 $1,775,000 Dec 2023 6,583 SF
102 4th, Panama City, FL 32401-3109 $755,000 Sep 2023 12,872 SF
436 Harrison, Panama City, FL 32401-2732 $1,500,000 Nov 2022 19,800 SF
1347 15th, Panama City, FL 32401-2048 $2,250,000 Jun 2022 12,655 SF
555 Harrison, Panama City, FL 32401-2621 $625,000 Mar 2022 10,836 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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