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Property profile & analytics

400 16th St Panama City, FL 32405-5456

  • Warehouses
  • 6,000 SF
  • 0.90 lot acres
OFF-MARKET
Value Estimations
$250,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-3893447
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

  • RSAE Labs Inc. / Corporate Office

Property Details for 400 16th St

Year built
2002
Construction
STEEL FRAME
Lot size
0.90 lot acres
Property size
6,000 SF
Zone code
PC09
Property type
Warehouses
APN
14461-000-000
APU
14461000000

Description

This exceptional property at 400 E 16th Street presents a unique opportunity for a single tenant seeking a combined office and warehouse space. The property encompasses approximately 7,415 square feet, strategically divided into a 6,000 square foot, two-story office building and a 2,415 square foot warehouse. The building is described as move-in ready, eliminating the need for extensive renovations or upgrades. The significant advantage of this property lies in its expansive lot size, offering approximately one acre of yard space. This generous outdoor area provides ample room for storage, employee parking, or future expansion. The location is highly desirable, boasting convenient access to major transportation arteries, including US-98 and Highway 231. The property is secured by a gated entrance, ensuring privacy and security. The property is designated as a Special Purpose property with single tenancy. The parcel number is 14461-000-000. This combination of office and warehouse space, ample yard space, and strategic location makes this property an ideal choice for a variety of businesses seeking a functional and convenient workspace. The property is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $215,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $289,000
    Market price range: $134k - $411k

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


Location Insight

  • Map
  • Local Demand
City
Panama City
County
Bay
State
Florida
Longitude
-85.6563
Latitude
30.1774
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,325
$108,360
$193,092
$301,452
-
$108,360
$193,092
$301,452
More about this property
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