Contact for pricing 51,765 SF

2550 Sherman Ln, Panama City, FL 32405
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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?

$22k

Tax billed · 2023

Assessed value$1.78M

Assessed land$346k

Assessed improvement$1.44M

Effective rate1.24%

Value estimate

· Nov 2026

$945k

$851k – $1.04M

Submarket $/SF estimate$3.32M

NOI build-up

Gross scheduled income$569k

Vacancy & credit loss−$34k

Operating expenses−$80k

NOI · 4.55% cap applied$454k

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?

4.55%

$454k estimated NOI · market benchmarks for this use type

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

Zoning insight

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: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency23.8

Restaurant18.1

Law Firm17.4

2550 Sherman Ln Panama City, FL 32405

County assessor Recorded deeds · 3 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

Address Sale price Sold Size

3743 Frankford, Panama City, FL 32405-1924 $1,160,000 Sep 2024 16,267 SF

3621 Frankford, Panama City, FL 32405-1907 $4,603,800 Jul 2024 19,476 SF

423 15th, Panama City, FL 32405-5410 $5,000,000 Apr 2023 47,110 SF

Panama City, FL 32405-6215 $550,000 Oct 2020 8,700 SF

1143 15th, Panama City, FL 32405-6103 $925,000 May 2020 18,700 SF

1800 Industrial, Panama City, FL 32405-6029 $1,250,000 Jan 2020 61,200 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

Value Estimation
$4,795,000

47,110 SF

423 15th St

MANUFACTURING (LIGHT)

423 15th St, Panama City, FL 32405-5410

View Details
Value Estimation
$1,370,000

61,200 SF

1800 Industrial Dr

MANUFACTURING (LIGHT)

1800 Industrial Dr, Panama City, FL 32405-6029

View Details
Value Estimation
$5,835,000

102,296 SF

99 Aberdeen Loop

MANUFACTURING (LIGHT)

99 Aberdeen Loop, Panama City, FL 32405-6463

View Details
Value Estimation
$5,510,000

107,890 SF

909 39th St

MANUFACTURING (LIGHT)

909 39th St, Panama City, FL 32405-4841

View Details
Value Estimation
$1,305,000

24,336 SF

749 15th St

MANUFACTURING (LIGHT)

749 15th St, Panama City, FL 32405-5416

View Details
Value Estimation
$4,605,000

19,476 SF

3621 Frankford Ave

MANUFACTURING (LIGHT)

3621 Frankford Ave, Panama City, FL 32405-1907

View Details

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