Property profile

9721 Thomas Dr Panama City Beach, FL 32408

OFF-MARKET
Medical Office Space
Property ID
US18-4400500
12,160 SF 1.73 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,160 SF
Lot 1.73 ac (75,489 SF)
Zoning code PCB22
APN 34856-000-000
UPID US18-4400500

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
  • Business Management Consultant
  • High School
  • Medical Clinic

Location

9721 Thomas Dr Panama City Beach, FL 32408-3811
Panama City Beach metro Census 2713 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$820k
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$870k

Owner & transaction history

since 2020
Last sale
$668,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

PCB22 · Panama City Beach, 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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