Property summary
This prime commercial property, located at 8426 Thomas Drive in Panama City Beach, Florida, 32408, presents a unique investment opportunity. The 7,405.2 square foot lot features a 36x60 metal building with a prominent double-faced billboard, ensuring high visibility in a high-traffic area. The property boasts excellent ingress and egress via Thomas Drive and Tarpon Street, offering convenient access for both customers and employees. Zoned for neighborhood commercial use, this versatile space… is suitable for a wide range of businesses catering to both tourists and locals. The building itself includes a large roll-up garage door at the rear, providing ample access for loading and unloading. Extensive paved parking is available both in front and at the rear of the building. Its location offers exceptional proximity to beaches, gulf-front condos, entertainment venues, restaurants, and vacation rentals, capitalizing on the area's thriving tourism industry. Recent improvements include a new roof (December 2018), new metal siding on the mansard, east, and west sides (2014), and a new air conditioning system (2020). This property is priced at $1,050,000 and represents a compelling investment in a dynamic and desirable location within Bay County's tourist corridor. Please consult Bay County Planning and Zoning for a complete list of allowable uses.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,796 SF
- Lot area
- 0.17 ac
- Year built
- 1983
- Stories
- 1
- APN
- 30328-080-000
- Zoning
- BC03
- Assessed value · 2023
- $228,901
- Annual tax · 2023
- $2,678
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
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- Alternative use
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