7516 Hwy 2301Panama City, FL 32404

  • Retail properties
  • 11,408 SF
Off market
$32,501,070 Estimated

Property Details for 7516 Hwy 2301

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.24 AC
Property size (Sq ft)
11,408 SF
Zone code
BC03 BC16
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
05470-822-000
APU
5470822000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,067,524
    6.5%
    $2,831,561
    7%
    $2,629,306
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,043,707
    Geo Method
    $2,043,707
  • Alternative Use

    Use
    Valuation
    Residential
    $2,388,527
    Hospitality
    $2,187,878
    Educational
    $1,820,289
    Medical
    $1,882,892
    Retail
    $2,831,561
7516 Hwy 2301, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.2849
Longitude
-85.5394
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
$1,928
$60,820
$77,164
$137,984
-
$60,820
$77,164
$137,984

FAQs

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