Technical
Financial
Distress signals
Property profile

516 Commerce Dr Panama City Beach, FL 32408

OFF-MARKET
Warehouses
Property ID
US18-2653934
5,400 SF 0.3 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction STEEL FRAME
Total area 5,400 SF
Lot 0.3 ac (13,199 SF)
Zoning code BC07
APN 27885-007-000
UPID US18-2653934

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
  • Factory Production Facility

Location

516 Commerce Dr Panama City Beach, FL 32408-7672
Panama City Beach metro Census 2609 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$450,000
3 recorded transactions
2024
$450,000
2023
Price N/A
2012
Price N/A

Zoning & alternative use

BC07 · Panama City Beach, 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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