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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Retail space
8102 Frnt Bch Rd Panama City Beach, FL 32407
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-2338007
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
WOOD
Total area
2,664 SF
Lot
0.72 ac (31,320 SF)
Zoning code
BC04
APN
27838-000-000
UPID
US18-2338007
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Everett J Lukas · 14 yrs held
Everett J Lukas
since 2012
7 recorded transactions
Zoning & alternative use
BC04 · Panama City Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City Beach 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
by Request
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±10%
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
$105 / 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
$4,670
Tax year 2023
Assessed value
$401,542
Assessed 2023
Previous assessed
$307,583
+30.5% YoY
Effective rate
1.16%
On assessed value
Assessed land
$375,835
Assessed improvement
$25,707
Land market value
$375,835
Improvement market value
$25,707
Total market value
$401,542
Applied tax rate
56.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
2,664 SF
Lot
0.72 ac (31,320 SF)
Zoning code
BC04
APN
27838-000-000
UPID
US18-2338007
Jurisdiction
BAY
Zoning & alternative use
BC04 · Panama City Beach, FLZoning BC04 · permitted uses
BC04 · Panama City Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
0.72 ac
Current owner
From public records · entity-resolved
Everett J Lukas
Individual
Mailing address
8110 FRNT BCH RD, PANAMA CITY BEACH, FL 32407-4808
Ownership since
2012
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
Jul 16, 2012
$205,000
Everett J Lukas
Centennial Bk
Grant Deed
$160,000 · Regions Bank
Jul 29, 2011
$138,100
Centennial Bk
A-1 American Towing Coc
Trustees Deed
related
—
Jan 31, 2003
—
Willis D Galbraith
Holland,ronnie C
Grant Deed
$43,000 · Coastal Community Bank
Jul 29, 1997
$200,000
Ronnie C Holland
Ellis,james W
Grant Deed
$150,000 · Seller
—
—
Willis D Galbraith
—
Deed Of Trust
related
$134,000 · Coastal Community Bank
—
—
Willis D Galbraith
—
Deed Of Trust
related
$65,000 · Coastal Community Bank
—
—
Willis D Galbraith
—
Deed Of Trust
related
$475,000 · Coastal Community Bank
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.
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