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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Retail space
100 Baldwin Rd Panama City, FL 32405-4211
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0523272
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
WOOD
Total area
8,890 SF
Lot
1.3 ac (56,540 SF)
Zoning code
BC14
APN
11743-030-000
UPID
US18-0523272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.46M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$2.32M
Owner & transaction history
Dgpc1 LLC · 4 yrs held
Dgpc1 LLC
since 2022
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
BC14 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+56.8%
Office building
$1.9M
+38.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,455,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,500,000
7%
$1,390,000
Alternative Use
Use
Estimation
RESTAURANT
$2,155,000
Change: +57% · Conversion: Easy
OFFICE BUILDING
$1,900,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.98M (Mar 3 2022)
Last sale anchor
$2.98M
Mar 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$261 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,922
Tax year 2023
Assessed value
$823,217
Assessed 2023
Previous assessed
$710,137
+15.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$452,320
Assessed improvement
$370,897
Land market value
$452,320
Improvement market value
$370,897
Total market value
$823,217
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
8,890 SF
Lot
1.3 ac (56,540 SF)
Zoning code
BC14
APN
11743-030-000
UPID
US18-0523272
Jurisdiction
BAY
Zoning & alternative use
BC14 · Panama City, FL
Zoning BC14 · permitted uses
BC14 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Dgpc1 LLC
Entity
Mailing address
1108 FRST LK CIR, MCKINNEY, TX 75072-2353
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
$2,977,894
Dgpc1 LLC
Yuge Deals Lllp
Special Warranty Deed
$1,935,700 · First Freedom Bank
Apr 19, 2021
—
Yuge Deals Lllp
Concept Development INC
Quit Claim Deed
related
$15,000,000 · Renasant Bank
Jan 29, 2021
$510,000
Concept Development INC
Johnny T Patronis
Warranty Deed
—
May 12, 2020
—
Johnny T Patronis
Theologian Greek Ortho St. John
Quit Claim Deed
related
—
Apr 9, 2013
—
Theologian Greek Ortho St. John
Patronis,jimmy T
Quit Claim Deed
related
—
Apr 4, 2013
—
Jimmy T Patronis
Patronis,johnny T
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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