Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2768 Panhandle Rd Marianna, FL 32446

    • Mobile home & RV parks
    • 11,152 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7568671
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 2768 Panhandle Rd

    Year built
    1996
    Property size
    11,152 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds

    Description

    This exceptional investment opportunity presents a well-established RV park and mobile home community situated on a spacious 69,696 square foot lot in Marianna, Florida. The property, built in 1996, boasts a total of 11,152 square feet of developed space and includes eight 3-bedroom, 2-bathroom mobile homes, each featuring front and back porches and durable metal roofs. All units are currently rented, providing immediate cash flow. The property's infrastructure is in excellent condition, featuring four well-maintained septic tanks. A comprehensive survey of the property and titles to the mobile homes will be provided to the buyer, ensuring a smooth and transparent transaction. This prime location offers convenient access to schools, shopping, and employment opportunities, while also being within a short driving distance (just over an hour) of the stunning Panama City Beaches. The property's strong rental history and desirable location make it an ideal investment for those seeking a stable and profitable venture in the thriving Florida market. The asking price for this turnkey operation is $790,000. This represents a rare opportunity to acquire a well-maintained, high-occupancy mobile home park in a rapidly growing area. Don't miss out on this chance to secure a lucrative investment in the heart of Marianna, Florida.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marianna
    County
    Jackson
    State
    Florida
    Longitude
    -85.1978652
    Latitude
    30.766074

    Comparable in this City

    • $135,000
      2,348 SF

      Income-Producing Multi-Family Property

      Multi-family property with expansion potential near Highway 71.
      5163 Jacklin Ln, Marianna, FL 32446
      View Details
    • $750,000

      Marianna RV Park For Sale

      Operating RV park with expansion potential in Marianna, Florida.
      3174 Westwood Dr, Marianna, FL 32446
      View Details
    • $2,300,000
      1 SF

      Fully Occupied Multifamily Investment

      35-unit multifamily portfolio in Marianna, Florida. 100% occupied.
      2213 Dellwood Cypress Rd, Marianna, FL 32446
      View Details
    • New
      $4,999,000
      51,814 SF

      Marianna Multifamily Investment Opportunity

      Stabilized, 100% occupied 44-unit apartment community with upside potential.
      3034 Jefferson St, Marianna, FL 32446
      View Details
    • $790,000
      9,728 SF

      Fully Occupied Marianna Multifamily Property

      Fully occupied multifamily property with long-term tenants in Marianna, Florida.
      2760 Panhandle Rd, Marianna, FL 32446
      View Details
    • $85,000
      1,488 SF

      Five-Bedroom Home with Acre Lot

      Doublewide home featuring five bedrooms, porch, carport, and storage shed.
      6108 Bolivia Ln, Marianna, FL 32446
      View Details

    Similar Nearby for Sale

    • $135,000
      2,348 SF

      Income-Producing Multi-Family Property

      Multi-family property with expansion potential near Highway 71.
      5163 Jacklin Ln, Marianna, FL 32446
      View Details
    • $750,000

      Marianna RV Park For Sale

      Operating RV park with expansion potential in Marianna, Florida.
      3174 Westwood Dr, Marianna, FL 32446
      View Details
    • $2,300,000
      1 SF

      Fully Occupied Multifamily Investment

      35-unit multifamily portfolio in Marianna, Florida. 100% occupied.
      2213 Dellwood Cypress Rd, Marianna, FL 32446
      View Details
    • New
      $4,999,000
      51,814 SF

      Marianna Multifamily Investment Opportunity

      Stabilized, 100% occupied 44-unit apartment community with upside potential.
      3034 Jefferson St, Marianna, FL 32446
      View Details
    • $790,000
      9,728 SF

      Fully Occupied Marianna Multifamily Property

      Fully occupied multifamily property with long-term tenants in Marianna, Florida.
      2760 Panhandle Rd, Marianna, FL 32446
      View Details
    • $85,000
      1,488 SF

      Five-Bedroom Home with Acre Lot

      Doublewide home featuring five bedrooms, porch, carport, and storage shed.
      6108 Bolivia Ln, Marianna, FL 32446
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      3,090 SF

      Prime Marianna Office Space

      Downtown Marianna, 3090 sq ft, Move-in Ready
      4431 Lafayette St, Marianna, FL 32446
      View Details
    • $15 SF/Yr
      3,456 SF

      Retail Building on High-Traffic Road

      3,456 SF retail building with high visibility in Marianna.
      2811 Highway 71, Marianna, FL 32446
      View Details
    • $14 SF/Yr
      3,300 SF

      Modern Medical Office Space Available

      Modern medical office space with ample parking and convenient location.
      4320 5Th Ave, Marianna, FL 32446
      View Details
    • $0.01 SF/Yr
      12,066 SF

      Prime Marianna Retail Space

      12,066 SF Retail Building in FL
      4102 Lafayette St, Marianna, FL 32446
      View Details
    • $5,000 /Mo

      Marianna, FL Commercial Loading Dock

      Loading dock facility with secured fencing and storage containers.
      3529 Russell Rd, Marianna, FL 32446
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2768 Panhandle Rd
    Marianna, FL 32446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.