Financial
Distress signals
Property profile

1040 15th St Panama City, FL 32405

OFF-MARKET
Outlet malls
Property ID
US18-3390680
5,026 SF 0.86 ac lot Built 1977
Last sale Jan 2021 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 0.86-acre corner parcel located on 15th Street, a main corridor between Highway 231 and the beaches, adjacent to a U-Haul. It is zoned GC-2 and has approximately 3,631 square feet of heated and cooled interior space, plus a large covered storage area at the rear. The site includes 20 parking spaces and a fenced rear lot measuring approximately 125 feet by 125 feet. The parcel is approximately 300 feet deep by 125 feet wide, and the building has been used as retail space.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2023
Assessed value$475k
Assessed land$386k
Assessed improvement$89k
Effective rate1.47%

Value estimate

· Sep 2026
$565k
$509k – $622k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$59 – $208
Qualifying comparables3

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

What can be built here?
PC09
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 Firm14.3
Spa & Massage14.2
Clothing Store12.3

Location

1040 15th St Panama City, FL 32405
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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