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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
12720 Frnt Bch Rd Panama City Beach, FL 32407-3310
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-5537131
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
WOOD
Total area
3,182 SF
Lot
0.36 ac (15,595 SF)
Zoning code
PCB22
APN
34098-010-000
UPID
US18-5537131
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
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
Pendleton Clara Property LLC · 12 yrs held
Pendleton Clara Property LLC
since 2013
6 recorded transactions
Zoning & alternative use
PCB22 · Panama City Beach, 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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City Beach 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
$5,219
Tax year 2023
Assessed value
$458,979
Assessed 2023
Previous assessed
$466,320
-1.6% YoY
Effective rate
1.14%
On assessed value
Assessed land
$386,132
Assessed improvement
$72,847
Land market value
$386,132
Improvement market value
$72,847
Total market value
$458,979
Applied tax rate
13.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
3,182 SF
Lot
0.36 ac (15,595 SF)
Zoning code
PCB22
APN
34098-010-000
UPID
US18-5537131
Jurisdiction
BAY
Zoning & alternative use
PCB22 · Panama City Beach, FL
Zoning PCB22 · permitted uses
PCB22 · Panama City Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
0.36 ac
Current owner
From public records · entity-resolved
Pendleton Clara Property LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 1229, LUTZ, FL 33548-1229
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2013
—
Pendleton Clara Property LLC
Pendleton,carolyn S
Quit Claim Deed
—
Mar 20, 2013
—
Richie Clara Property LLC
Witaker,richie S
Quit Claim Deed
related
—
Feb 1, 2013
—
Mcalpin-front Beach LLC
Mcalpin Bruce E Trust
Quit Claim Deed
related
—
Apr 17, 2006
—
Mcalpin C S Living Trust
Mcalpin,clifford S
Quit Claim Deed
related
—
Sep 6, 2005
—
Mcalpin Mary A Tr
Mcalpin,mary A
Quit Claim Deed
related
—
Apr 12, 2005
—
Clifford S Mcalpin
Mcalpin M A S Trust
Quit Claim Deed
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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