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Property profile & analytics
OFF-MARKET
Estimated value
$7,000,000
Manufacturing properties
1006 Arthur Dr Lynn Haven, FL 32444-1683
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0285408
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
STEEL FRAME
Total area
72,762 SF
Lot
34.9 ac (1,520,244 SF)
Zoning code
C5
APN
08922-030-000
UPID
US18-0285408
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
-
ACMT South Corporate Office Factory
-
American Eagle Fence of Panama City General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.00M
CAP Approach
CAP
$7.38M
Comparable Approach
Comparable
$5.04M
Blend (final)
Blend
$7.00M
Owner & transaction history
Vl Panama City Investments LLC · 1 yrs held
Vl Panama City Investments LLC
since 2024
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
C5 · Lynn Haven, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.8M
+89.6%
Medical building
$10.6M
+86.8%
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 Lynn Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn Haven 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
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
$7,990,000
6.5%
$7,375,000
7%
$6,850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,680,000
Current use
RETAIL STORES
$10,765,000
Change: +90% · Conversion: Moderate
MEDICAL BUILDING
$10,610,000
Change: +87% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,340,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (Sep 24 2024)
Last sale anchor
$7.00M
Sep 24 2024
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
$96 / 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
$17,048
Tax year 2023
Assessed value
$2,740,257
Assessed 2023
Previous assessed
$2,740,257
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$209,400
Assessed improvement
$2,530,857
Land market value
$209,400
Improvement market value
$2,530,857
Total market value
$2,740,257
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
6
Stories
1
Rooms
8
Total area
72,762 SF
Lot
34.9 ac (1,520,244 SF)
Zoning code
C5
APN
08922-030-000
UPID
US18-0285408
Jurisdiction
BAY
Zoning & alternative use
C5 · Lynn Haven, FL
Zoning C5 · permitted uses
C5 · Lynn Haven, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.7M
RETAIL STORES
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$10.6M
WAREHOUSE, STORAGE
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Rooms
8
Lot
34.9 ac
Current owner
From public records · entity-resolved
Vl Panama City Investments LLC
Entity
Mailing address
901 PONCE DE LEON BLVD, CORAL GABLES, FL 33134-3061
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
$7,000,000
Vl Panama City Investments LLC
Polo South LLC
Warranty Deed
—
Dec 4, 2018
—
Polo South LLC
Acmt South LLC
Warranty Deed
—
Sep 28, 2018
$2,194,100
Acmt South LLC
Trustmark Natl Bk
Grant Deed
—
Jul 31, 2018
$2,194,070
Trustmark Natl Bk
Prodigal Son Invs INC Coc
Trustees Deed
related
—
Dec 19, 2005
$3,450,000
Metalpro Industries INC
Friction Materials LLC
Grant Deed
$3,000,000 · Trustmark National Bank
—
—
Metalpro Industries INC
—
Deed Of Trust
related
—
—
—
Metalpro Industries INC
—
Deed Of Trust
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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