New search
Property profile & analytics
OFF-MARKET
Warehouses
1623 Moylan Rd Panama City Beach, FL 32407
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9703236
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
7,400 SF
Lot
1.02 ac (44,475 SF)
Zoning code
BC05
APN
27571-080-000
UPID
US18-9703236
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Starling Properties Of Bay County I · 15 yrs held
Starling Properties Of Bay County I
since 2010
7 recorded transactions
Zoning & alternative use
BC05 · 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
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
$4,995
Tax year 2023
Assessed value
$383,511
Assessed 2023
Previous assessed
$361,783
+6.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$199,095
Assessed improvement
$184,416
Land market value
$199,095
Improvement market value
$184,416
Total market value
$383,511
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
44
Rooms
10
Total area
7,400 SF
Lot
1.02 ac (44,475 SF)
Zoning code
BC05
APN
27571-080-000
UPID
US18-9703236
Jurisdiction
BAY
Zoning & alternative use
BC05 · Panama City Beach, FL
Zoning BC05 · permitted uses
BC05 · 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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
44
Rooms
10
Lot
1.02 ac
Current owner
From public records · entity-resolved
Starling Properties Of Bay County I
Entity
Free & Clear · 15 yrs held
Mailing address
8800 THOMAS DR, PANAMA CITY BEACH, FL 32408-4028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Starling Props & Baycnty INC
—
Deed
related
—
Apr 3, 2020
—
Starling Prop Of Bay County INC
—
Deed
related
—
Mar 27, 2017
—
Starling Properties Of Bay County
—
Deed
related
—
Sep 30, 2010
$556,000
Starling Properties Of Bay County I
Bellas Place LLC
Corporation Deed
—
Jun 7, 2006
$1,131,800
Bellas Place LLC
Ledman Holdings LLC
Warranty Deed
$982,400 · Bay Bank Trust Co
Apr 19, 2005
$995,000
Ledman Holdings LLC
R R & H Investments LLC
Warranty Deed
related
$712,000 · Bay Bank Trust Co
Mar 8, 2005
$700,000
R R & H Investments LLC
Roland Jack T Trust
Warranty Deed
—
Aug 25, 1998
$60,000
Roland Trust
Wilson,fred D & Virginia A
Grant Deed
—
—
—
Starling Properties Of Bay County
—
Loan Modification
related
—
—
—
Starling Prop Of Bay County INC
—
Deed Of Trust
related
—
—
—
Starling Properties Of Bay County
—
Loan Modification
related
—
—
—
Starling Props & Baycnty INC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1623 Moylan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
