Technical
Financial
Distress signals
Property profile

610 23rd St Panama City, FL 32405

OFF-MARKET
Drive through restaurants
Property ID
US18-1780157
3,300 SF 0.83 ac lot Built 1987
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1987
Construction WOOD
Total area 3,300 SF
Lot 0.83 ac (35,981 SF)
Zoning code PC09
APN 13015-305-000
UPID US18-1780157

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
  • Restaurant Take-out & Catering

Location

610 23rd St Panama City, FL 32405-3921
Panama City metro Census 1502 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2013
3 recorded transactions
2013
$1.4M
2006
$1.7M
2002
$704,200

Zoning & alternative use

PC09 · 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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