5300 Hwy 98Mexico Beach, FL 32456

  • Retail properties
  • 9,760 SF
Off market
$25,047,000 Estimated

Property Details for 5300 Hwy 98

Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.50 AC
Property size (Sq ft)
9,760 SF
Zone code
BC02
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
04102-040-000
APU
4102040000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,969,952
    6.5%
    $2,741,494
    7%
    $2,545,673
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,748,473
    Geo Method
    $1,748,473
  • Alternative Use

    Use
    Valuation
    Residential
    $2,312,553
    Hospitality
    $2,118,286
    Educational
    $1,762,389
    Medical
    $1,823,000
    Retail
    $2,741,494
5300 Hwy 98, Mexico Beach, Florida

Location Insight

City
Mexico Beach
County
Bay
State
Florida
Latitude
29.9622
Longitude
-85.4416
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
$14,098
$467,500
$642,318
$1,109,818
-
$467,500
$642,318
$1,109,818

FAQs

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