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Property profile & analytics
OFF-MARKET
Bars & Pubs
1508 Calhoun Ave Panama City, FL 32405-2618
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-9002995
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,626 SF
Lot
0.42 ac (18,480 SF)
Zoning code
PC04
APN
29554-000-000
UPID
US18-9002995
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
-
Blink Charging Station Electric Vehicle Charging Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carmela Francisco Marquez · 2 yrs held
Carmela Francisco Marquez
since 2024
Last sale
$385,000
7 recorded transactions
Zoning & alternative use
PC04 · Panama City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,940
Tax year 2023
Assessed value
$280,083
Assessed 2023
Previous assessed
$280,083
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$110,880
Assessed improvement
$169,203
Land market value
$110,880
Improvement market value
$169,203
Total market value
$280,083
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
3,626 SF
Lot
0.42 ac (18,480 SF)
Zoning code
PC04
APN
29554-000-000
UPID
US18-9002995
Jurisdiction
BAY
Zoning & alternative use
PC04 · Panama City, FL
Zoning PC04 · permitted uses
PC04 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
0.42 ac
Current owner
From public records · entity-resolved
Carmela Francisco Marquez
Individual
Free & Clear · 2 yrs held
Mailing address
2927 E 14TH CT, PANAMA CITY, FL 32401-5052
Ownership since
2024
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
Jan 11, 2024
—
Carmela Francisco Marquez
Trenda Mexicana Maranata INC
Quit Claim Deed
related
—
Oct 25, 2022
—
Tienda Mexicana Maranata INC
Gad Framing INC
Intrafamily Transfer
related
—
Oct 14, 2021
$385,000
Gad Framing INC
1508 Calhoun LLC
Warranty Deed
—
Oct 8, 2008
$167,000
1508 Calhoun LLC
Krashco INC
Warranty Deed
$142,000 · Janice K Porter Krasno
Jul 29, 1997
$66,500
Krashco INC
Marie R Lawson Estate
Grant Deed
$95,000 · Seller
—
—
1508 Calhoun LLC
—
Deed Of Trust
related
$118,440 · Janice Porter
—
—
1508 Calhoun LLC
—
Loan Modification
related
$260,048 · Janice Porter
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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