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Property profile & analytics
OFF-MARKET
Estimated value
$8,215,000
Assisted living facilities
626 Tyndall Pkwy, Panama City, FL 32404-6132
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4444219
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2000
Construction
STEEL FRAME
Total area
48,820 SF
Lot
4.45 ac (193,755 SF)
Zoning code
CLWY04
APN
06208-000-000
UPID
US18-4444219
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
Current use
Occupant on record · Public records
-
Rachael Burnetsky Physician
-
Mary Blue Physician
-
Donavan Melton Physician
-
Health Care Services Group Home Health Care Service Health
-
Aspire at Emerald Shores Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.22M
Owner & transaction history
N Tyndall Pkwy Fl Owner LLC · 2 yrs held
N Tyndall Pkwy Fl Owner LLC
since 2023
Last sale
$8.9M
7 recorded transactions
Zoning & alternative use
CLWY04 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.2M
+651.2%
Neighborhood: shopping center
$7.1M
+480.5%
Commercial (general)
$5.8M
+369.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,550,000
ML approach
$7,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,235,000
Change: +651% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,135,000
Change: +481% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,770,000
Change: +369% · Conversion: Difficult
Blend value · Realmo final
$8.22M
Range $7.39M – $9.04M · ±10% · vs last sale $8.86M (Nov 3 2023)
Last sale anchor
$8.86M
Nov 3 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$168 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,504
Tax year 2023
Assessed value
$2,627,588
Assessed 2023
Previous assessed
$2,593,772
+1.3% YoY
Effective rate
1.39%
On assessed value
Assessed land
$533,760
Assessed improvement
$2,093,828
Land market value
$533,760
Improvement market value
$2,093,828
Total market value
$2,627,588
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
76
Bathrooms
1
Total area
48,820 SF
Lot
4.45 ac (193,755 SF)
Zoning code
CLWY04
APN
06208-000-000
UPID
US18-4444219
Jurisdiction
BAY
Zoning & alternative use
CLWY04 · Panama City, FL
Zoning CLWY04 · permitted uses
CLWY04 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$9.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$5.8M
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
76
Bathrooms
1
Lot
4.45 ac
Current owner
From public records · entity-resolved
N Tyndall Pkwy Fl Owner LLC
Entity
Mailing address
885 3RD AVE FL, NEW YORK, NY 10022-4834
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
$8,855,000
N Tyndall Pkwy Fl Owner LLC
Fc Encore Callaway LLC
Special Warranty Deed
—
Sep 21, 2016
—
Fc Encore Callaway LLC
Fc Encore Core Properties LLC
Quit Claim Deed
—
Oct 12, 2006
—
Formation Portfolio I LLC
Formation Properties I LLC
Quit Claim Deed
—
Jan 15, 2002
$631,300
Formation Properties I LLC
Petersen Health Care INC
Grant Deed
—
Sep 18, 1998
$460,000
Peterson Health Care INC
Matthews,w B & Anilois R
Grant Deed
—
Sep 4, 1998
$282,000
Applejam INC
Matthews,w B & Anilois R
Grant Deed
$1,500,000 · Atherton Capital INC
—
—
Fc Encore Core Properties LLC
—
Deed Of Trust
related
$479,000,000 · Keybank USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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