New search
Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Turn key restaurants
4300 Hwy 98 Panama City, FL 32401-1175
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0290137
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,008 SF
Lot
1.17 ac (50,922 SF)
Zoning code
PC09
APN
28238-000-000
UPID
US19-0290137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$760k
Owner & transaction history
Vibez PC LLC · 5 yrs held
Vibez PC LLC
since 2020
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
PC09 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$745,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $750k (Jul 13 2020)
Last sale anchor
$750k
Jul 13 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,285
Tax year 2023
Assessed value
$714,491
Assessed 2023
Previous assessed
$693,169
+3.1% YoY
Effective rate
1.72%
On assessed value
Assessed land
$263,025
Assessed improvement
$451,466
Land market value
$263,025
Improvement market value
$451,466
Total market value
$714,491
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Stories
2
Rooms
4
Total area
7,008 SF
Lot
1.17 ac (50,922 SF)
Zoning code
PC09
APN
28238-000-000
UPID
US19-0290137
Jurisdiction
BAY
Zoning & alternative use
PC09 · Panama City, FL
Zoning PC09 · permitted uses
PC09 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Lot
1.17 ac
Current owner
From public records · entity-resolved
Vibez PC LLC
Entity
Mailing address
2338 STANFORD RD, PANAMA CITY, FL 32405-3549
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
$750,000
Vibez PC LLC
4300 W Hwy 98 LLC
Warranty Deed
$950,000 · 4300 Hwy 98 LLC
Jul 19, 2018
—
Davis Music Co
—
Deed
related
$750,000 · Maryanne & W C JR Grimsley
Jun 1, 2017
$585,000
4300 W Hwy 98 LLC
U S 98 Holding LLC
Warranty Deed
$550,000 · Maryanne & W C JR Grimsley
Jun 27, 2011
$400,000
Us 98 Holdings LLC
Zb Investments LLC
Grant Deed
—
Dec 30, 2008
—
Zb Investments LLC
Zhao,xuwei
Quit Claim Deed
related
—
Dec 17, 2004
$600,000
Xuwei Zhao
Eric A Jenkins SR Ltd
Warranty Deed
—
—
—
Davis Music Co
—
Deed Of Trust
related
$750,000 · Maryanne & W C JR Grimsley
—
—
Xuwei Zhao
—
Deed Of Trust
related
$548,000 · Bay Bank Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4300 Hwy 98?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
