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    OFF-MARKET
    Day care centers

    5311 Hwy 22, Panama City, FL 32404-6323

    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
    2023
    $385,000
    2007
    2007
    $420,000
    1969
    Zoning & alternative use
    CLWY18 · Panama City, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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