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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Day care centers
1338 Florida Ave Panama City, FL 32401-2221
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-9184611
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1973
Construction
WOOD
Total area
3,685 SF
Lot
0.54 ac (23,400 SF)
Zoning code
PC11
APN
18041-001-000
UPID
US18-9184611
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
-
Creative Kids Academy, Inc Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Creative Kids Academy INC · 6 yrs held
Creative Kids Academy INC
since 2020
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
PC11 · Panama City, FL
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
Method
Estimation
Statistic approach
$300,000
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±10% · vs last sale $300k (Apr 17 2020)
Last sale anchor
$300k
Apr 17 2020
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
$81 / 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
$3,816
Tax year 2023
Assessed value
$212,314
Assessed 2023
Previous assessed
$212,314
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$70,200
Assessed improvement
$142,114
Land market value
$70,200
Improvement market value
$142,114
Total market value
$212,314
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Total area
3,685 SF
Lot
0.54 ac (23,400 SF)
Zoning code
PC11
APN
18041-001-000
UPID
US18-9184611
Jurisdiction
BAY
Zoning & alternative use
PC11 · Panama City, FLZoning PC11 · permitted uses
PC11 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Lot
0.54 ac
Current owner
From public records · entity-resolved
Creative Kids Academy INC
Entity
Mailing address
4025 RIVERSIDE DR, PANAMA CITY, FL 32404-5785
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2020
—
Creative Kids Academy INC
Edukids INC
Warranty Deed
$593,200 · Bancorpsouth
Jan 18, 2019
$265,000
Edukids INC
Abc Unijversity INC
Warranty Deed
$225,250 · Whitney Bank
Oct 18, 2012
—
Abc University INC
Mills,blanton W
Grant Deed
related
—
Aug 28, 2008
$325,000
Abc University INC
Brewer,james L & Kimberly R
Warranty Deed
$292,000 · Regions Bank
Mar 24, 2004
$120,000
James L Brewer
Moulton,john L
Grant Deed
$83,672 · Regions Bank
—
—
Abc University INC
—
Deed Of Trust
related
$224,000 · Hancock Bank
—
—
James L Brewer
—
Deed Of Trust
related
$20,000 · Regions 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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