Technical
Financial
Distress signals
Property profile

524 23rd St Panama City, FL 32405

OFF-MARKET
Drive through restaurants
Property ID
US18-8199003
2,280 SF 0.93 ac lot Built 2018
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Construction WOOD
Total area 2,280 SF
Lot 0.93 ac (40,524 SF)
Zoning code PC09
APN 14602-100-030
UPID US18-8199003

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
  • Restaurant

Location

524 23rd St Panama City, FL 32405-5308
Panama City metro Census 1600 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

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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