Property profile

6547 Hwy 231 Panama City, FL 32404

OFF-MARKET
Turn key restaurants
Property ID
US18-3798312
3,105 SF 2.76 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Construction WOOD
Total area 3,105 SF
Lot 2.76 ac (120,226 SF)
Zoning code BC15
APN 05660-000-000
UPID US18-3798312

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6547 Hwy 231 Panama City, FL 32404-1901
Panama City metro Census 402 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2025
Last sale
$400,000
7 recorded transactions
2025
$400,000
2019
$275,000
2018
$210,500
2018
Price N/A
2018
$104,100
2014
$125,000
2013
Price N/A

Zoning & alternative use

BC15 · 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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