Financial
Distress signals
Property profile

436 Harrison Ave 400 Panama City, FL 32401

FOR SALE
Retail space
Property ID
US18-4746312
19,800 SF 0.15 ac lot Built 1939
Last sale Nov 2022 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The Mashburn Building in Bay County is a structurally robust, poured-concrete property with additional recent steel reinforcement. The building’s rooftop area is approximately 6,000 square feet and is accessed by two staircases and an elevator; the roof structure is described as supporting potential vertical expansion to add multiple additional stories. Conceptual planning materials indicate suitability for uses such as a rooftop restaurant and bar, with the potential for residential…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.24M
Assessed land$173k
Assessed improvement$1.06M
Effective rate1.92%

Value estimate

· Sep 2026
$1.24M
$1.11M – $1.36M
AI approach$1.19M
Submarket $/SF estimate$1.96M
NOI build-up
Gross scheduled income$475k
Vacancy & credit loss−$32k
Operating expenses−$111k
NOI · 30.20% cap applied$332k

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?
30.20%
$332k 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?
PC10
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.5
Garden Center10.3
Laundry Service9.8

Location

436 Harrison Ave, Unit 400 Panama City, FL 32401
County assessor Recorded deeds · 1 transfer 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 · 16 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
2800 5th, Panama City, FL 32401-5208 $395,000 Jun 2024 16,500 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
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message