You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,480,000
Grocery and convenience stores

225 Tyndall Pkwy Panama City, FL 32404-6739

81,608 SF 6.64 ac lot Built 1982
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-4888909
Property summary
AI-generated overview

This 34,848 square foot vacant land parcel, located at the signalized intersection of South Tyndall Parkway and Cherry Street in Panama City, Florida (zip code 32404), offers exceptional visibility and accessibility. Boasting over 270 feet of frontage on Tyndall Parkway, this 0.8-acre site enjoys daily traffic counts exceeding 42,000 vehicles, serving the communities of Tyndall Air Force Base, Callaway, and Springfield. The property is part of a shopping center undergoing redevelopment following Hurricane Michael, anchored by Grocery Outlet and Big Lots. Pre-approved plans and engineering are in place, including utilities, parking, easements, stormwater management, and DOT road cuts. This ready-to-build site is ideally suited for a variety of uses, such as quick-service restaurants (QSRs), banks, auto stores, medical facilities, or office spaces. The asking price is $800,000. The City of Callaway is experiencing significant growth fueled by the $5.2 billion rebuild of Tyndall Air Force Base, presenting a strong investment opportunity.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1982
Construction STEEL FRAME
Total area 81,608 SF
Lot 6.64 ac (289,238 SF)
Zoning code CLWY04
APN 07034-005-000
UPID US18-4888909
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
  • Grocery Outlet Grocery & Convenience Store Food Market
  • Big Lots! Department Store
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$2.48M
Owner & transaction history
Beacon Plaza LLC · 2 yrs held
Beacon Plaza LLC
since 2024
3 recorded transactions
2024
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CLWY04 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 225 Tyndall Pkwy?
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 →
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