Property profile

1402 Hwy 98 Mexico Beach, FL 32456

OFF-MARKET
Office Spaces
Property ID
US18-4543173
5,240 SF 0.17 ac lot Built 2021
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2021
Construction WOOD
Total area 5,240 SF
Lot 0.17 ac (7,500 SF)
Zoning code MB03
APN 04384-000-000
UPID US18-4543173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1402 Hwy 98 Mexico Beach, FL 32456-7048
Mexico Beach metro Census 600 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$629k
Blend (final) Blend
$420k

Owner & transaction history

since 2019
5 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2013
Price N/A
2011
Price N/A

Zoning & alternative use

MB03 · Mexico Beach, FL
Top alternative use upside
Retail stores $985,000 +21.8%

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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