Property profile

678 23rd St Panama City, FL 32405

OFF-MARKET
Turn key restaurants
Property ID
US18-2102994
4,980 SF 1.11 ac lot Built 1991
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,980 SF
Lot 1.11 ac (48,264 SF)
Zoning code PC09
APN 13015-301-000
UPID US18-2102994

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

Location

678 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
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
Price N/A
2013
Price N/A
2007
$2.9M
2007
Price N/A
1997
$1.2M
1969
Price N/A

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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