Nations Real Estate Portfolio of Properties 107 & 109 Estes Place, Panama City Beach, FL | Page 5

Demographic and Zoning Information Radius Ring Demographic Summary Report 1 Mile 3 Miles 5 Miles 2010 Population 1,275 6,514 13,387 2022 Projected Population 1,895 7,348 14,104 2010 Households 618 2,955 5,888 2022 Projected Households 883 3,217 6,004 2017 Average Household Income $135,780 $86,393 $80,612 2017 Median Household Income $76,689 $55,335 $55,794 Zoning Information This property is Zoned M1 M1, Light Industry: This district is designed to accommodate Research and Development activities, the manufacturing, compounding, processing, packaging, storage, assembly and/or treatment of finished or semi-finished products from previously prepared materials