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Property profile & analytics
OFF-MARKET
Office Spaces
523 Jenks Ave Panama City, FL 32401-2627
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3852798
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1935
Construction
WOOD
Total area
2,478 SF
Lot
0.2 ac (8,790 SF)
Zoning code
PC10
APN
19513-000-000
UPID
US18-3852798
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
Current use
Occupant on record · Public records
-
Dwight Hicks, Dwight Hicks Incorporated Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Todd C Brister · 1 yrs held
Todd C Brister
since 2025
Last sale
$380,000
7 recorded transactions
Zoning & alternative use
PC10 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,552
Tax year 2023
Assessed value
$194,431
Assessed 2023
Previous assessed
$196,416
-1.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$45,883
Assessed improvement
$148,548
Land market value
$45,883
Improvement market value
$148,548
Total market value
$194,431
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
10
Total area
2,478 SF
Lot
0.2 ac (8,790 SF)
Zoning code
PC10
APN
19513-000-000
UPID
US18-3852798
Jurisdiction
BAY
Zoning & alternative use
PC10 · Panama City, FL
Zoning PC10 · permitted uses
PC10 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
Todd C Brister
Individual
Mailing address
523 JENKS AVE, PANAMA CITY, FL 32401-2627
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
$380,000
Todd C Brister
523 Jenks LLC
Warranty Deed
$304,000 · First Federal Bank
Aug 19, 2021
—
523 Jenks LLC
Ferns Holder LLC
Quit Claim Deed
related
—
Dec 23, 2020
$247,429
Ferns Holder LLC
Knc LLC
Warranty Deed
—
Mar 27, 2019
$100,000
Knc LLC
B & F LLC
Warranty Deed
—
Mar 27, 2019
—
B & F LLC
Henderson,malisa D
Correction Deed
related
—
Jun 23, 2014
—
B & F LLC
Davis,malisa & Karli
Quit Claim Deed
related
—
Sep 17, 2002
$165,000
Barbara Farmer
Dowdy,emily L
Grant Deed
$130,000 · Emily L Dowdy
Apr 5, 2000
$65,000
Red Bear Development INC
Taylor,sandra D
Grant Deed
—
Oct 16, 1996
$45,000
Oaks & Palms INC
Bay Bank Trust Co
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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