Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1745 Recreation Dr Panama City, FL 32405

OFF-MARKET
Industrial properties
Property ID
US18-7225304
9,833 SF 60 ac lot Built 2001
Last sale Dec 1997 · $13,900
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$3.27M
Assessed land$2.40M
Assessed improvement$874k

Value estimate

· Oct 2026
$1.07M
$959k – $1.17M
CAP approach$995k
Submarket $/SF estimate$1.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$59 – $128

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.3
Realty agency17.1
Auto Repair Shop16.5

Location

1745 Recreation Dr Panama City, FL 32405
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1716 Frankford, Panama City, FL 32405-2637 $4,000,000 Dec 2025 11,320 SF
2500 Industrial, Panama City, FL 32405-6019 $1,800,000 Jun 2025 10,700 SF
Panama City, FL 32405-8206 $875,000 Aug 2024 13,100 SF
Panama City, FL 32405-6218 $365,300 Apr 2024 12,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 1745 Recreation Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again