Technical
Financial
Distress signals
Property profile

1707 23rd St Panama City, FL 32405

OFF-MARKET
Warehouses
Property ID
US18-2395376
148,581 SF 14.35 ac lot Built 1990
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 148,581 SF
Lot 14.35 ac (625,086 SF)
Zoning code PC09
APN 13784-043-000
UPID US18-2395376

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Gas Station
  • Pharmacy
  • Hearing Aid Store
  • Hearing Aid Store Audiologist

Location

1707 23rd St Panama City, FL 32405-2916
Panama City metro Census 1502 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
$9.14M
Blend (final) Blend
$8.60M

Owner & transaction history

since 2010
2 recorded transactions
2010
$146,300
2009
Price N/A

Zoning & alternative use

PC09 · Panama City, FL
Top alternative use upside
Industrial (general) $11.7M +20.5%

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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