Property profile

502 Macarthur Ave Panama City, FL 32401

OFF-MARKET
Medical Office Space
Property ID
US18-0140646
5,065 SF 0.53 ac lot Built 1989
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Construction WOOD
Total area 5,065 SF
Lot 0.53 ac (22,870 SF)
Zoning code PC09
APN 21086-000-000
UPID US18-0140646

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic
  • Physician
  • Physician

Location

502 Macarthur Ave Panama City, FL 32401-3654
Panama City metro Census 1600 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$803k
Blend (final) Blend
$640k

Owner & transaction history

since 2006
1 recorded transaction
2006
$650,000

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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