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Property profile & analytics
OFF-MARKET
Office Units

5220 Cherry St Panama City, FL 32404

1,400 SF Built 1959
Property ID
US18-9148772
Property summary
AI-generated overview

Versatile Corner Lot Gem with Mixed-Use Zoning! Discover an exceptional opportunity in this large home situated on a prominent corner lot, offering a highly convenient location. Boasting ''mixed use'' zoning, this property presents incredible potential, whether you envision it as a spacious residence or a strategic office space for your business. Currently configured as a 3-bedroom, 1-bathroom home, it features a functional kitchen, an inside laundry room for added convenience, a comfortable living room, and a generously sized family room complete with a cozy fireplace. Outside, you'll find a large carport and an expansive corner lot, just under half an acre, providing ample space and visibility. While the roof was replaced in 2019, please note there is still some remaining damage from Hurricane Michael. Capitalize on this great deal and explore the myriad possibilities this unique property offers! (all sizes approximate and taken from public records, buyer to verify any details buyer deems important).

Property profile
Verified
Property type Office Units
Year built 1959
Total area 1,400 SF
UPID US18-9148772
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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