402 23rdPanama City, FL 32405

  • Retail properties
  • 31,138 SF
Off market
$25,107,030 Estimated

Property Details for 402 23rd

Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.51 AC
Property size (Sq ft)
31,138 SF
Zone code
PC09
Property type
Retail properties
Property subtype
Outlet malls
APN
13016-000-000
APU
13016000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,374,627
    6.5%
    $7,730,425
    7%
    $7,178,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,578,273
    Geo Method
    $5,578,273
  • Alternative Use

    Use
    Valuation
    Residential
    $6,520,902
    Hospitality
    $5,973,112
    Educational
    $4,969,559
    Medical
    $5,140,470
    Retail
    $7,730,425
402 23rd, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1905
Longitude
-85.6672
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
$27,367
$1,253,000
$407,101
$1,660,101
-
$1,253,000
$407,101
$1,660,101

Property Visit Statistics

  • Visits by month
    9.7k
  • Visitors by month
    8.1k
  • Avg Time on site
    26 min

FAQs

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