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    Panama City, FL
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    Panama City, FL Industrial Properties for Sale

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    Industrial Flex Space with Showroom
    Updated: May 22
    Industrial Flex Space with Showroom

    1331 Harrison Avenue, Panama City, FL 32401

    $2,500,000
    11,171 sqft 0.66 AC lot
    11,171 SF flex property with warehouse, showroom, office, and mezzanine areas
    7,134 SF warehouse with ceilings approaching 21 feet
    1,391 SF mezzanine for storage or workspace expansion
    1,153 SF finished showroom with LED pendant lighting
    600‑amp, 240/120V 3‑phase electrical service with roughly 70% spare capacity
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    Three-Building Flex Office Property
    Updated: Apr 18
    Three-Building Flex Office Property

    2901 W 17th Street, Panama City, FL 32405

    $1,375,000
    9,050 sqft 0.92 AC lot
    Over 9,000 sq ft of heated and cooled space across three buildings
    Three‑building setup allows for multiple divisions or potential rental income
    Multiple private offices, conference rooms, and adaptable workspace
    Abundant on‑site parking plus a gated storage yard
    Detached outbuilding for storage, workshop, or support operations
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    Flex Building with Office Space
    Flex Building with Office Space

    1509 Hickory Avenue, Panama City, FL 32405

    $799,000
    4,300 sqft 0.21 AC lot

    Versatile commercial building with warehouse, office, manufacturing, and potential multi-occupant functionality.

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    See what stands out in Bay County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Flex Space with Office Areas
    Flex Space with Office Areas

    1509 Hickory Ave, Panama City, FL 32405

    $799,000
    4,300 sqft

    Warehouse and office components support manufacturing, business operations, or separate office occupancy.

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    Auto Shop With Rental Units
    Auto Shop With Rental Units

    2206 W 15th Street, Panama City, FL 32401

    $2,499,000
    9,425 sqft 0.80 AC lot

    Three-unit commercial property combines an operating repair facility, leased spaces, and a fenced outdoor area.

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    Mixed-Use Property with Industrial Building
    Mixed-Use Property with Industrial Building

    922 N East Avenue, Panama City, FL 32401

    $435,000
    2,337 sqft 1.00 AC lot

    General Commercial 1 zoning and multiple existing structures support flexible commercial use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office Building with Detached Shop
    Office Building with Detached Shop

    1219 Transmitter Road, Panama City, FL 32401

    $849,000
    4,162 sqft 1.49 AC lot

    Configured for office and contractor operations with reception, conference, kitchen, and shop improvements.

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    Versatile Commercial Property in Panama City
    Versatile Commercial Property in Panama City

    1331 Harrison Avenue, Panama City, FL 32401

    $2,500,000
    11,171 sqft 0.55 AC lot

    Showroom, warehouse, and office space suitable for various business operations.

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    Commercial Land with Buildings
    Commercial Land with Buildings

    922 N East Avenue, Panama City, FL 32401

    $435,000
    2,337 sqft 1.00 AC lot

    General Commercial 1 zoning with multiple existing structures, including a residence and a metal commercial building.

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    High-Spec Flex Industrial Complex
    High-Spec Flex Industrial Complex

    2532 Joan Avenue, Panama City, FL 32408

    $2,500,000
    9,000 sqft 1.00 AC lot

    9,000 SF flex industrial complex with vertical expansion potential.

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    Commercial Land with Metal Building
    Commercial Land with Metal Building

    922 East Avenue, Panama City, FL 32401

    $435,000
    2,337 sqft

    General Commercial 1 zoning accompanies existing residential and industrial improvements suitable for conversion or continued commercial use.

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    New Warehouse with Distribution Features
    New Warehouse with Distribution Features

    Panama City, FL 32405

    $5,750,000
    30,000 sqft 4.00 AC lot

    30,000 SF warehouse with distribution and logistics features.

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    Versatile Mixed-Use Panama City Property
    Versatile Mixed-Use Panama City Property

    601 West 11th Street, Panama City, FL 32401

    $499,000
    2,736 sqft 0.45 AC lot

    Mixed-use property in a high-visibility, centrally-located Panama City corridor.

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    Contractor Site with Office, Shop
    Contractor Site with Office, Shop

    1219 Transmitter Road, Panama City, Panama City, FL 32401

    $849,000
    4,162 sqft 1.49 AC lot

    1.5 acre site with office, shop, and lay-down yard.

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    Spacious Warehouse with Office Space
    Spacious Warehouse with Office Space

    758 W 13th Street #7, Panama City, FL 32401

    $527,500
    4,352 sqft

    Panama City warehouse featuring high ceilings, roll-up doors, and office.

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    Prime Corner Development Site Approved
    Prime Corner Development Site Approved

    6822 E Highway 22, Panama City, FL 32404

    $675,000
    3.53 AC lot

    3.5 acre corner lot with approved storage development order.

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    Prime Land in Developing Area
    Prime Land in Developing Area

    1729 Florida Avenue, Panama City, FL 32405

    $550,000
    4.04 AC lot

    Four acres suitable for storage, retail, or laundry facility.

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    Industrial Flex Warehouse with Yard
    Industrial Flex Warehouse with Yard

    1117 Saint Andrews Blvd, Panama City, FL 32405

    Contact for pricing
    7,200 sqft

    7,200 SF flex warehouse includes offices, showrooms, restrooms, a kitchenette, and a large yard with ample parking.

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    Industrial Property Near Panama City Port
    Industrial Property Near Panama City Port

    6513 Bay Line Dr, Panama City, FL 32404

    Contact for pricing
    33,000 sqft

    33,000 SF industrial property with easy highway access.

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    Modern Industrial Warehouse with Yard
    Modern Industrial Warehouse with Yard

    2325 Transmitter Rd, Panama City, FL

    Contact for pricing
    18,000 sqft 0.98 AC lot

    18,000 SF industrial warehouse with office and laydown yard.

    View details
    Commercial Land on Tyndall Parkway
    Commercial Land on Tyndall Parkway

    535 N Tyndall Parkway, Panama City, FL 32404

    $1,500,000
    3,000 sqft 2.12 AC lot

    2.12 acres with warehouse and garage near Tyndall AFB.

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    Multi-Tenant Flex Portfolio
    Multi-Tenant Flex Portfolio

    2003 N East Avenue, Panama City, FL 32405

    Contact for pricing

    Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.

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    Commercial Land on Highway 22
    Commercial Land on Highway 22

    5412 E Hwy 22, Panama City, FL 32404

    $625,000
    2.68 AC lot

    2.68 acres of commercial land with high visibility.

    View details
    Highway 77 Retail Property
    Highway 77 Retail Property

    3407 S Highway 77, Panama City, FL 32405

    $1,300,000
    3,600 sqft 2.10 AC lot

    2.1-acre property with retail building and highway frontage.

    View details

    Panama City, FL Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Panama City, FL, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 182,840 square feet of properties for sale, with an estimated market value of $27,401,500.

    Sale prices for industrial buildings in Panama City, FL start at $435,000, averaging $1,370,075, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 46
    Manufacturing properties 8
    Distribution centers 5

    Demographics Overview

    Population 154K
    Population Growth (5Y) +1,132.7%
    Median Household Income $71,237
    College Educated 29.8%

    High-Yield Neighborhoods for Investment

    Identify Panama City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32404 $700K
    32401 $1.3M
    32405 $2.4M
    32408 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.42%
    Property Tax per SF $28.37 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bay County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Panama City, FL

    • 32401
    • 32405
    • 32404
    • 32408
    • 32409

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com

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