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Property profile & analytics
FOR SALE
Car washes
13207 Hutchison Blvd Panama City Beach, FL 32407
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4634672
For Sale
1 / 11
$449,000
13207 Hutchison Blvd, Panama City Beach, FL 32407
View Listing →
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,584 SF
Lot
0.25 ac (11,000 SF)
Zoning code
PCB24
APN
34134-000-000
UPID
US18-4634672
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$953k
Blend (final)
Blend
$1.04M
Owner & transaction history
Shams Properties LLC · 1 yrs held
Shams Properties LLC
since 2025
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
PCB24 · 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
$975,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $1.10M (May 9 2025)
Last sale anchor
$1.10M
May 9 2025
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
$653 / 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
$1,984
Tax year 2023
Assessed value
$156,683
Assessed 2023
Previous assessed
$145,683
+7.6% YoY
Effective rate
1.27%
On assessed value
Assessed land
$137,500
Assessed improvement
$19,183
Land market value
$137,500
Improvement market value
$19,183
Total market value
$156,683
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
Car washes
Use group
CAR WASH
Status
For Sale
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
4
Total area
1,584 SF
Lot
0.25 ac (11,000 SF)
Zoning code
PCB24
APN
34134-000-000
UPID
US18-4634672
Jurisdiction
BAY
Zoning & alternative use
PCB24 · Panama City Beach, FL
Zoning PCB24 · permitted uses
PCB24 · 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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Shams Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6521 N LAGOON DR, PANAMA CITY BEACH, FL 32408-3730
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$1,100,000
Shams Properties LLC
Whittaker Company LLC
Warranty Deed
—
Nov 12, 2021
$1,000,000
Whittaker Company LLC
M & H Enterprises INC Of Northwest
Warranty Deed
—
Apr 9, 2002
—
M & H Enterprises INC
Mcclard,michael A
Quit Claim Deed
related
—
May 1, 1998
$700,000
William R Heldreth
Kid4evr INC
Grant Deed
$790,000 · Seller
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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