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Financial
Distress signals
Property profile

4100 Highway 98 W Panama City, FL 32405

FOR SALE
Turn key restaurants
Property ID
US18-3128788
2,210 SF 0.15 ac lot Built 1979
Last sale Dec 2011 · $160,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 78,408 sq ft commercial property, located at 4100 W Hwy 98 in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Built in 1983, the property boasts a versatile layout currently encompassing a restaurant, mini-warehouses, and residential rental units. Its strategic corner location at the intersection of Hwy 98 and Grant Avenue offers significant visibility and accessibility. The property measures approximately 330 feet along Hwy 98 and 232 feet…

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?
$3k
Tax billed · 2023
Assessed value$148k
Assessed land$68k
Assessed improvement$80k
Effective rate1.81%

Value estimate

· Oct 2026
$160k
$144k – $176k
AI approach$160k
NOI build-up
Gross scheduled income$270k
Vacancy & credit loss−$18k
Operating expenses−$63k
NOI · 9.12% cap applied$189k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$242/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$109 – $388

Cap rate analysis

How does the asset earn?
9.12%
$189k 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 agency17.7
Law Firm15.0
Dental Office14.8

Location

4100 Highway 98 W Panama City, FL 32405
County assessor Recorded deeds · 4 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
2135 3rd, Panama City, FL 32401-4831 $75,000 Jul 2025 2,290 SF
2318 5th, Panama City, FL 32401-4385 $875,000 Jan 2025 2,150 SF
301 Cherry, Panama City, FL 32401-3253 $220,000 May 2024 2,096 SF
27 10th, Panama City, FL 32401 $320,800 Jan 2024 1,860 SF
1316 Jenks, Panama City, FL 32401-2443 $90,000 Jan 2024 2,556 SF
1108 Harrison, Panama City, FL 32401-2431 $220,000 Oct 2023 1,980 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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