Financial
Distress signals
Property profile

5401 Hwy 98 Panama City, FL 32404

OFF-MARKET
Retail space
Property ID
US18-5524958
4,780 SF 0.85 ac lot Built 1968
Last sale Jun 2023 · $755,000
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.
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Property summary

AI-generated overview

5401 E Highway 98 is a concrete block retail building containing 4,223 square feet on an 0.85-acre site with approximately 75 surface parking spaces. The property has multiple ingress and egress points and visibility from two main corridors. The site is located at a gateway intersection in the City of Parker, where Highway 98 and Tyndall Parkway converge, and it is supported by a surrounding area with retail, dining, and service uses, with residential communities to the north and east; Tyndall…

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?
$6k
Tax billed · 2023
Assessed value$424k
Assessed land$148k
Assessed improvement$276k
Effective rate1.41%

Value estimate

· Sep 2026
$645k
$581k – $710k
AI approach$555k
CAP approach$805k
Submarket $/SF estimate$480k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$54 – $217
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.1
Realty agency21.9
Dental Office17.2

Location

5401 Hwy 98 Panama City, FL 32404-7223
County assessor Recorded deeds · 9 transfers 4 qualifying comp sales Zoning catalog · not on file

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
224 Tyndall, Panama City, FL 32404-6723 $35,000 Jan 2025 3,552 SF
641 Tyndall Pkwya, Panama City, FL 32404-6135 $2,600,000 Aug 2023 6,724 SF
5001 Hwy 22, Panama City, FL 32404-6318 $412,500 Sep 2022 6,024 SF
9939 Hwy 231, Panama City, FL 32404-5464 $225,000 Feb 2022 7,550 SF
5039 Hwy 22, Panama City, FL 32404-6318 $400,000 Dec 2021 7,440 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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