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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Car washes
13605 Panama City Bch Pkwy Panama City Beach, FL 32407-2849
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7538789
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2021
Construction
TYPE NOT SPECIFIED
Total area
3,620 SF
Lot
1.88 ac (81,893 SF)
Zoning code
PCB24
APN
34003-010-001
UPID
US18-7538789
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
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$520k
Owner & transaction history
Adh Dev LLC · 8 yrs held
Adh Dev LLC
since 2018
6 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
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$144 / 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
$17,454
Tax year 2023
Assessed value
$1,380,062
Assessed 2023
Previous assessed
$1,380,062
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,075,830
Assessed improvement
$304,232
Land market value
$1,075,830
Improvement market value
$304,232
Total market value
$1,380,062
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2021
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Rooms
3
Total area
3,620 SF
Lot
1.88 ac (81,893 SF)
Zoning code
PCB24
APN
34003-010-001
UPID
US18-7538789
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
2021
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Rooms
3
Lot
1.88 ac
Current owner
From public records · entity-resolved
Adh Dev LLC
Entity
Free & Clear · 8 yrs held
Mailing address
206 SHOREVIEW DR, PANAMA CITY, FL 32404-8949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 23, 2019
—
Panama City Car Wash LLC
—
Trustees Deed
related
$929,350 · Bancorpsouth
Jun 22, 2018
—
Adh Dev LLC
Panama City Car Wash LLC
Quit Claim Deed
related
—
Nov 1, 2017
$575,000
Panama City Car Wash LLC
Charles R Kovaleski
Warranty Deed
$431,250 · Summit Bank NA
Sep 11, 2006
$2,432,700
Adh Dev LLC
Kovaleski,charles R
Warranty Deed
—
Apr 14, 2005
$3,400,000
Charles R Kovaleski
Schilleci,frank S JR
Warranty Deed
$2,000,000 · Regions Bank
—
—
Panama City Car Wash LLC
—
Deed Of Trust
related
$1,589,350 · Bancorpsouth
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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