1654 5thPanama City, FL 32401

  • Warehouses
  • 44,228 SF
Off market
$4,092,388 Estimated

Property Details for 1654 5th

Year built
2016
Construction
STEEL FRAME
Lot size
2.54 AC
Property size (Sq ft)
44,228 SF
Zone code
PC09
Property type
Warehouses
APN
22234-000-000
APU
22234000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,817,000
    6.5%
    $16,446,500
    7%
    $15,271,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,030,670
    Geo Method
    $5,030,670
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $8,476,980
    Mixed-Use / Specialty
    $8,480,890
    Hospitality / Lodging
    $6,266,600
    Office
    $8,466,060
    Institutional / Educational
    $8,828,910
    Residential Income
    $10,329,800
    Multifamily
    $12,199,800
    Automotive / Energy
    $7,567,640
    Parking / Income-Based Land
    $2,577,780
    Restaurant / Food Service
    $4,483,820
    Healthcare / Senior Housing
    $8,661,990

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1562
Longitude
-85.6383
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
$62,881
$639,828
$3,452,560
$4,092,388
-
$639,828
$3,452,560
$4,092,388

FAQs

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