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Property profile & analytics
FOR SALE
Day care centers

5311 Highway 22 E Panama City, FL 32404

4,004 SF 0.71 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US19-0889829
Property summary
AI-generated overview

This exceptional investment opportunity presents a recently renovated, 4,004-square-foot building situated on a substantial 30,927.6-square-foot lot at 5311 E Hwy 22, Panama City, Florida 32404. Constructed in 1991 and completely redesigned in 2023, this single-story property is currently fully leased to a thriving daycare center under a three-year lease agreement, ensuring a consistent and reliable income stream. The property's versatile layout is perfectly suited for its current use, featuring well-appointed classrooms, administrative offices, and ample support facilities. The building's modern design and functionality cater to the needs of educational institutions, making it an attractive and low-maintenance investment. Located in Bay County, this turnkey property offers investors a chance to capitalize on the growing demand for childcare services in a stable market. The asking price is $720,000, representing a compelling opportunity for those seeking strong, passive income generation. This property is a rare find, combining a desirable location, a secure lease, and a proven business model.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1991
Construction WOOD
Total area 4,004 SF
Lot 0.71 ac (30,971 SF)
Zoning code CLWY18
APN 24453-000-000
UPID US19-0889829
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Delta Fox 3 LLC · 3 yrs held
Delta Fox 3 LLC
since 2023
Last sale
$385,000
5 recorded transactions
2023
Price N/A
2023
$385,000
2007
Price N/A
2007
$420,000
1969
Price N/A
Zoning & alternative use
CLWY18 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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