Financial
Distress signals
Property profile

9323 Hwy 231 Panama City, FL 32404

OFF-MARKET
Other office properties
Property ID
US18-5598175
4,624 SF 2.91 ac lot Built 2009
Last sale Oct 2018
Trust Owned Owner of record is a trust. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 13.5-acre cleared and filled land parcel located in unincorporated Bay County. It is zoned General Commercial (GC-3) and has frontage of 1,087 feet on U.S. Highway 231 and 763 feet on Hudson Road. The parcel is served by a median cut on U.S. Highway 231 centered on the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$412k
Assessed land$131k
Assessed improvement$282k
Effective rate1.30%

Value estimate

· Sep 2026
$230k
$207k – $253k
CAP approach$720k
Submarket $/SF estimate$758k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$58 – $271
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BC17
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply9.2
Convenience Store7.5
Law Firm7.4

Location

9323 Hwy 231 Panama City, FL 32404-5687
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 Star, Panama City, FL 32404-7615 $925,000 Jul 2025 4,535 SF
740 Tyndall, Panama City, FL 32404-6928 $365,000 Mar 2025 5,586 SF
3520 15th, Panama City, FL 32404-5831 $360,000 Feb 2025 4,348 SF
234 Sudduth Pla-b, Panama City, FL 32404 $139,500 Sep 2023 3,800 SF
10508 Bear Crk, Panama City, FL 32404-4816 $115,000 Nov 2021 4,991 SF
5620 Cherry, Panama City, FL 32404-6762 $500,000 Apr 2021 4,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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