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508 E 11Th St Panama City, FL 32401

Commercial land Google Maps
Individually Owned 4-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US19-0762145

Property summary

AI-generated overview

This lot is zoned NEIGHBORHOOD COMMERCIAL and permitted uses include duplex and single family. This is a great opportunity tp purchase a commercial lot on 11Th St. Major access as 11th St is a main corridor in the area. High visibility location. Buyer need s to research allowable uses, set backs, etc.

Property profile

Verified
Property type Commercial land
UPID US19-0762145

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
2 recorded transactions
2021
$21,000
2016
$21,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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