Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8302 Thomas Dr Panama City Beach, FL 32408-4724

    • Grocery and convenience stores
    • 5,194 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US18-2806406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 8302 Thomas Dr

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    5,194 SF
    Zone code
    BC03
    Property type
    Grocery and convenience stores
    APN
    30322-000-000
    APU
    30322000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $415,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $490,000
      Mixed-Use
      $495,000
      Hospitality
      $420,000
      Educational
      $405,000
      Residential Income
      $420,000
      Energy
      $425,000
      Income-Based Land
      $475,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.784
    Latitude
    30.1647
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,724
    $309,500
    $317,783
    $627,283
    -
    $309,500
    $317,783
    $627,283

    Comparable in this City

    • Value Estimation
      $420,000
      3,666 SF

      4909 Thomas Dr

      CONVENIENCE STORE • 3,666 SF
      4909 Thomas Dr, Panama City Beach, FL 32408-6919
      View Details
    • Value Estimation
      $305,000
      2,744 SF

      8742 Thomas Dr

      CONVENIENCE STORE • 2,744 SF
      8742 Thomas Dr, Panama City Beach, FL 32408-4000
      View Details
    • Value Estimation
      $375,000
      2,592 SF

      6924 Thomas Dr

      CONVENIENCE STORE • 2,592 SF
      6924 Thomas Dr, Panama City Beach, FL 32408-6141
      View Details
    • Value Estimation by Request
      14,857 SF

      2905 Thomas Dr

      CONVENIENCE STORE • 14,857 SF
      2905 Thomas Dr, Panama City Beach, FL 32408-6251
      View Details
    • Value Estimation
      $330,000
      7,228 SF

      7807 Lagoon Dr

      CONVENIENCE STORE • 7,228 SF
      7807 Lagoon Dr, Panama City Beach, FL 32408-5229
      View Details
    • Value Estimation by Request
      53,997 SF

      2533 Thomas Dr

      GROCERY, SUPERMARKET • 53,997 SF
      2533 Thomas Dr, Panama City Beach, FL 32408-6252
      View Details

    Similar Nearby for Sale

    • $2,900,000
      3,200 SF

      Turnkey Convenience Store For Sale

      Operational convenience store with high visibility and traffic exposure.
      7624 Front Beach Rd, Panama City Beach, FL 32408
      View Details
    • $2,500,000

      Panama City Beach Redevelopment Site

      2-acre redevelopment site on Thomas Drive near beach access.
      8602 Thomas Dr, Panama City Beach, FL 32408
      View Details
    • $1,900,000
      6,985 SF

      Gulf View Commercial Property

      Prime commercial opportunity near the Gulf of America.
      6908 Thomas Dr, Panama City, FL 32408
      View Details
    • $1,900,000
      6,985 SF

      Gulf View Commercial Opportunity

      Prime commercial property near the Gulf of Mexico on Thomas Drive.
      6908 Thomas Dr, Panama City Beach, FL 32408
      View Details
    • $120,000
      708 SF

      Panama City Beach Office/Retail Space

      Office or retail space with private offices and ample storage.
      8317 Front Beach Rd, Panama City Beach, FL 32408
      View Details
    • $285,000
      0.01 Acres

      Established Dive Shop Business Opportunity

      Turn-key dive shop for sale in Panama City Beach.
      1016 Thomas Dr, Panama City, FL 32408
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      5,000 SF

      New Commercial Building For Lease

      New commercial building ideal for retail, office, showroom, and flex.
      200 Thomas Dr, Panama City Beach, FL 32408
      View Details
    • $30 SF/Yr
      1,250 SF

      New Commercial Building on Navy

      New commercial building ideal for retail, office, showroom, and flex.
      200 Thomas Dr, Panama City, FL 32408
      View Details
    • $3,000 /Mo

      Promenade Mall Retail Space

      Prime commercial space in Panama City Beach's established shopping destination.
      8317 Front Beach Rd, Panama City Beach, FL 32408
      View Details
    • $1,500 /Mo

      Retail Space in Promenade Mall

      Prime commercial space in Panama City Beach's established shopping destination.
      8317 Front Bch 34C Rd, Panama City Beach, FL 32408
      View Details
    • $30 SF/Yr
      5,000 SF

      Navy Boulevard Commercial Space Available

      New commercial building for lease, ideal for retail or office.
      200 Thomas Dr, Panama City Beach, FL 32408
      View Details
    • $30 SF/Yr
      5,000 SF

      Navy Boulevard Commercial Space

      New commercial building ideal for retail, office, showroom, and flex.
      200 Navy Blvd, Panama City Beach, FL 32408
      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      3.0k
    • Avg Time on site
      11 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8302 Thomas Dr
    Panama City Beach, FL 32408-4724
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.