Property profile

4500 Hwy 98 Panama City, FL 32401

OFF-MARKET
Turn key restaurants
Property ID
US18-2806052
20,413 SF 1.37 ac lot Built 1979
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,413 SF
Lot 1.37 ac (59,721 SF)
Zoning code PC09
APN 28253-000-000
UPID US18-2806052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4500 Hwy 98 Panama City, FL 32401-1027
Panama City metro Census 2400 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$435k

Owner & transaction history

since 2018
5 recorded transactions
2019
Price N/A
2018
$475,000
2014
$827,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PC09 · 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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