Technical
Financial
Distress signals
Property profile

131 23rd St Panama City, FL 32405

OFF-MARKET
Drive through restaurants
Property ID
US18-2498211
2,177 SF 0.59 ac lot Built 2011
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2011
Construction WOOD
Total area 2,177 SF
Lot 0.59 ac (25,570 SF)
Zoning code PC09
APN 14191-010-000
UPID US18-2498211

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 Take-out & Catering
  • Telecommunications Service

Location

131 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
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$950,000
2022
Price N/A
2009
$451,000
2000
$712,000

Zoning & alternative use

PC09 · Panama City, FL

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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