Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Automotive properties
1312 Thomas Dr Panama City Beach, FL 32408-5801
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4430246
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1972
Construction
WOOD
Total area
2,760 SF
Lot
0.17 ac (7,490 SF)
Zoning code
BC05
APN
30158-020-000
UPID
US18-4430246
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
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Shams Properties LLC · 1 yrs held
Shams Properties LLC
since 2025
Last sale
$868,000
7 recorded transactions
Zoning & alternative use
BC05 · 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
Method
Estimation
Statistic approach
$870,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $868k (Mar 5 2024)
Last sale anchor
$868k
Mar 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$315 / SF
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
$3,008
Tax year 2023
Assessed value
$224,610
Assessed 2023
Previous assessed
$224,610
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$74,900
Assessed improvement
$149,710
Land market value
$74,900
Improvement market value
$149,710
Total market value
$224,610
Applied tax rate
56.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
2,760 SF
Lot
0.17 ac (7,490 SF)
Zoning code
BC05
APN
30158-020-000
UPID
US18-4430246
Jurisdiction
BAY
Zoning & alternative use
BC05 · Panama City Beach, FLZoning BC05 · permitted uses
BC05 · Panama City Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Shams Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 500, SMYRNA, TN 37167-0500
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Shams Properties LLC
Mohammad R Shams
Deed
related
—
Mar 5, 2024
$868,000
Mohammad R Shams
Delta Fox Capital LLC
Warranty Deed
—
Oct 3, 2022
$715,000
Delta Fox Capital LLC
Jottis LLC
Warranty Deed
$572,000 · Midsouth Bank
Sep 9, 2020
—
Jottis LLC
—
Deed
related
$232,831 · Flint Cmnty Bk
Apr 23, 2019
$425,000
Jottis LLC
Tony Adams
Deed
$789,000 · Flint Community Bank
Jun 17, 2010
—
Peavy Rauden A JR Trust
Peavy Trust
Quit Claim Deed
—
Jun 10, 2010
—
Peavy Trust
Peavy,rauden A & Mary C
Quit Claim Deed
related
—
Mar 17, 2006
—
Rauden A Peavy
Peavy,mary C
Quit Claim Deed
related
—
—
—
Jottis LLC
—
Loan Modification
related
$232,831 · Flint Cmnty Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1312 Thomas Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
