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Property profile & analytics
OFF-MARKET
Individual retail properties
1240 Jenks Ave Panama City, FL 32401-2441
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US19-0643660
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1936
Construction
WOOD
Total area
3,030 SF
Lot
0.48 ac (21,000 SF)
Zoning code
PC06
APN
18428-000-000
UPID
US19-0643660
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
-
Anita L. Sizemore CME Hair Salon
-
Permanent Hair Removal Hair Salon Nail Salon
-
Alternative Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Alternative On Jenks LLC · 11 yrs held
The Alternative On Jenks LLC
since 2014
2 recorded transactions
Zoning & alternative use
PC06 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,138
Tax year 2023
Assessed value
$200,664
Assessed 2023
Previous assessed
$200,664
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$168,000
Assessed improvement
$32,664
Land market value
$168,000
Improvement market value
$32,664
Total market value
$200,664
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
10
Bathrooms
2
Total area
3,030 SF
Lot
0.48 ac (21,000 SF)
Zoning code
PC06
APN
18428-000-000
UPID
US19-0643660
Jurisdiction
BAY
Zoning & alternative use
PC06 · Panama City, FL
Zoning PC06 · permitted uses
PC06 · 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.
Building & site characteristics
From public records
Year built
1936
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
The Alternative On Jenks LLC
Entity
Mailing address
665 W 23RD ST, PANAMA CITY, FL 32405-3922
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2014
$130,000
The Alternative On Jenks LLC
Emerald Isle Properties INC
Warranty Deed
$97,500 · Midsouth Bank
Mar 14, 2005
$170,000
Emerald Isle Properties INC
Samuel L Combs III
Warranty Deed
$126,000 · Vision Bank
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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