You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

5311 Highway 22 E Panama City, FL 32404

Day care centers Google Maps
4,004 SF 0.71 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$360k
Range $324k – $396k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message