Property profile

105 23rd St Panama City, FL 32405

OFF-MARKET
Medical Office Space
Property ID
US18-4296687
7,560 SF 0.18 ac lot Built 1986
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction STEEL FRAME
Total area 7,560 SF
Lot 0.18 ac (7,936 SF)
Zoning code PC09
APN 14189-045-010
UPID US18-4296687

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Buffet
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Gym & Fitness Center

Location

105 23rd St Panama City, FL 32405-4504
Panama City metro Census 1600 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$981k
Blend (final) Blend
$830k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

PC09 · Panama City, FL
Top alternative use upside
Retail stores $1.2M +22.4%
Commercial (general) $1.1M +15.5%

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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