Financial
Distress signals
Property profile

4838 Highway 22 Callaway, FL 32404

FOR SALE
Office Spaces
Property ID
US18-5204751
688 SF 0.86 ac lot Built 1998
Last sale Dec 2025 · $82,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property in Callaway, Florida, presents a unique investment opportunity. Located on busy Highway 22, the property boasts a total of 975 square feet spread across two separate buildings situated on a sizable 37,461.6 square foot lot (APN: 24818-001-000). Each building features a one-bedroom, one-bathroom layout, previously used as a retail auto store and a produce market, respectively. A shared garage at the rear of both buildings offers additional storage or…

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?
$3k
Tax billed · 2023
Assessed value$222k
Assessed land$188k
Assessed improvement$34k
Effective rate1.32%

Value estimate

· Sep 2026
$50k
$45k – $55k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 4.46% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$58 – $271

Cap rate analysis

How does the asset earn?
4.46%
$12k 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?
CLWY04
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.9
Law Firm13.2
Realty agency12.3

Location

4838 Highway 22 Callaway, FL 32404
County assessor Recorded deeds · 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4829 Hwy 22, Panama City, FL 32404-6231 $119,000 Jul 2024 820 SF
6300 Hwy 98, Panama City, FL 32404-7436 $450,000 May 2024 790 SF
6913 Hwy 22, Panama City, FL 32404-2370 $150,000 Sep 2022 1,024 SF
5133 Hwy 231, Panama City, FL 32404-9119 $195,000 Jul 2022 1,053 SF
1607 Transmitter, Panama City, FL 32404-3149 $1,235,000 Sep 2021 1,512 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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