Property profile

5701 Boat Race Rd Panama City, FL 32404

OFF-MARKET
Warehouses
Property ID
US18-0177747
27,400 SF 2 ac lot Built 1988
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1988
Construction STEEL FRAME
Total area 27,400 SF
Lot 2 ac (87,000 SF)
Zoning code CLWY04
APN 07169-000-000
UPID US18-0177747

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
  • Storage Facility

Location

5701 Boat Race Rd Panama City, FL 32404-7232
Panama City metro Census 805 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$700,000
6 recorded transactions
2022
Price N/A
2020
Price N/A
2020
Price N/A
2014
$700,000
2012
$890,000
2004
$990,000

Zoning & alternative use

CLWY04 · 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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