Property profile

6506 Thomas Dr Panama City Beach, FL 32408

OFF-MARKET
Grocery and convenience stores
Property ID
US18-0481116
6,797 SF 0.81 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,797 SF
Lot 0.81 ac (35,400 SF)
Zoning code BC03
APN 30693-000-000
UPID US18-0481116

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
  • Auto Repair Shop
  • Grocery & Convenience Store
  • Gas Station
  • Atm Crypto Atm
  • Atm

Location

6506 Thomas Dr Panama City Beach, FL 32408-6137
Panama City Beach metro Census 2606 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$635k
Blend (final) Blend
$995k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2013
$1.0M
2004
$966,000
2002
Price N/A
2000
$260,000
1969
Price N/A

Zoning & alternative use

BC03 · Panama City Beach, FL
Top alternative use upside
Office building $1.3M +29.4%
Commercial (general) $1.3M +25.7%

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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