Property profile

114 Airport Rd Ste A Panama City, FL 32405

OFF-MARKET
Medical Office Space
Property ID
US18-3080870
5,320 SF 0.66 ac lot Built 2009
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2009
Construction STEEL FRAME
Total area 5,320 SF
Lot 0.66 ac (28,840 SF)
Zoning code PC09
APN 14330-000-000
UPID US18-3080870

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
  • Counselor
  • Pediatrician Physician
  • Physician
  • Physician
  • Counselor Marriage Or Relationship Counselor

Location

114 Airport Rd Ste A Panama City, FL 32405-4738
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
$858k
Blend (final) Blend
$665k

Owner & transaction history

since 2007
3 recorded transactions
2009
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

PC09 · Panama City, FL
Top alternative use upside
Retail stores $820,000 +22.4%
Commercial (general) $775,000 +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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