Property profile

2206 Thomas Dr Panama City Beach, FL 32408

OFF-MARKET
Retail space
Property ID
US18-2773716
4,160 SF 2.39 ac lot Built 1983
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,160 SF
Lot 2.39 ac (103,891 SF)
Zoning code BC05
APN 30152-050-000
UPID US18-2773716

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
  • Building Supply Hardware & Home Improvement
  • Building Supply Hardware & Home Improvement
  • (Bike/Boat/Book/etc) Store

Location

2206 Thomas Dr Panama City Beach, FL 32408-5814
Panama City Beach metro Census 2604 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
$700k
Comparable Approach Comparable
$461k
Blend (final) Blend
$620k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BC05 · Panama City Beach, FL
Top alternative use upside
Office building $890,000 +48.5%

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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