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Property profile & analytics
OFF-MARKET
Parking lots & garages
Bch W Dr Panama City, FL 32401
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US18-7232737
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.09 ac (3,900 SF)
Zoning code
PC10
APN
19699-000-000
UPID
US18-7232737
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harrison Rivard Zimmerman & Be · 21 yrs held
Harrison Rivard Zimmerman & Be
since 2004
6 recorded transactions
Zoning & alternative use
PC10 · Panama City, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$560
Tax year 2023
Assessed value
$19,110
Assessed 2023
Previous assessed
$16,965
+12.6% YoY
Effective rate
2.93%
On assessed value
Assessed land
$15,600
Assessed improvement
$3,510
Land market value
$15,600
Improvement market value
$3,510
Total market value
$19,110
Applied tax rate
31.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Stories
2
Rooms
7
Lot
0.09 ac (3,900 SF)
Zoning code
PC10
APN
19699-000-000
UPID
US18-7232737
Jurisdiction
BAY
Zoning & alternative use
PC10 · Panama City, FL
Zoning PC10 · permitted uses
PC10 · Panama City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panama City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
2
Rooms
7
Lot
0.09 ac
Current owner
From public records · entity-resolved
Harrison Rivard Zimmerman & Be
Individual
Mailing address
PO BOX 12, PANAMA CITY, FL 32402-0012
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2004
$282,000
Harrison Rivard Zimmerman & Be
William G JR
Warranty Deed
related
$786,260 · Bay Bk
Mar 20, 2002
$250,000
William G Harrison
Middlemas,john R & L W
Grant Deed
—
—
—
Harrison Rivard LLC
—
Deed Of Trust
related
$897,655 · Trustmark National Bank
—
—
Harrison Rivard LLC
—
Loan Modification, Consolidation And Extension
related
—
—
—
Rivard Bennett Harrison
—
Deed Of Trust
related
$494,274 · Trustmark National Bank
—
—
Harrison Rivard Chartered
—
Deed Of Trust
related
$466,343 · Trustmark National 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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