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Financial
Distress signals
Property profile

2325 Transmitter Rd Panama City, FL 32405

FOR SALE
Manufacturing properties
Property ID
US18-1810401
18,360 SF 1.1 ac lot Built 2019
Last sale Oct 2009 · $130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2325 Transmitter Rd, Panama City, FL 32405 For Sale
Contact for pricing 18,360 SF
2325 Transmitter Rd, Panama City, FL 32405
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Property summary

AI-generated overview

A steel-frame industrial warehouse constructed in 2019, totaling approximately 18,000 SF clear-span building area, situated on about 2.09 acres along Transmitter Road in Panama City, Florida. The main structure measures approximately 300 feet by 60 feet and includes about 1,980 SF of finished office space and a 360 SF covered canopy. Clear-span ceiling heights are approximately 16 feet at the center with approximately 14-foot eave heights, and the warehouse is served by three grade-level…

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$636k
Assessed land$72k
Assessed improvement$564k
Effective rate1.62%

Value estimate

· Oct 2026
$1.09M
$977k – $1.19M
Submarket $/SF estimate$1.49M
NOI build-up
Gross scheduled income$190k
Vacancy & credit loss−$8k
Operating expenses−$27k
NOI · 7.82% cap applied$155k

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?
7.82%
$155k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Realty agency11.5
Hair Salon11.4

Location

2325 Transmitter Rd Panama City, FL 32405
County assessor Recorded deeds · 6 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6509 Hwy 22, Panama City, FL 32404-9541 $625,000 May 2025 2,640 SF
3536 Orlando, Panama City, FL 32404-2051 $150,000 Jul 2024 3,045 SF
6725 Bay Line, Panama City, FL 32404-4809 $3,675,000 Dec 2022 59,440 SF
6513 Bay Line Dr, Panama City, FL 32404-4805 $2,200,000 Aug 2022 No data
4902 Hwy 98, Panama City, FL 32404-6831 $90,000 Jul 2022 3,997 SF
6933 Byu George, Panama City, FL 32404-5013 $875,000 Feb 2020 14,700 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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