Property profile

2424 Frankford Ave Panama City, FL 32405

OFF-MARKET
Medical Office Space
Property ID
US18-4811603
4,342 SF 1.18 ac lot Built 1974
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Construction WOOD
Total area 4,342 SF
Lot 1.18 ac (51,531 SF)
Zoning code BC15
APN 13180-010-000
UPID US18-4811603

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
  • Physician
  • Medical Clinic
  • Physician

Location

2424 Frankford Ave Panama City, FL 32405-2239
Panama City metro Census 1502 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2024
Last sale
$255,000
5 recorded transactions
2024
Price N/A
2018
Price N/A
1999
$255,000
1997
$191,400
1969
Price N/A

Zoning & alternative use

BC15 · Panama City, FL

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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