5311 Hwy 22, Panama City, FL 32404-6323
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CLWY18 · Panama City, FLPanama City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.