Flex Warehouse with Roll-Up
For Lease
$14 SF/Yr
1515 Wood Avenue, Panama City, FL 32405
COMMERCIAL - Panama City, FL
Space Size1,500 SF - 6,000 SF
Days on Market123
Property Features for 1515 Wood Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning description
General Commercial, City
Subdivision
No Named Subdivision
Elementary school
Northside
Middle school
Jinks
High school
Bay
Directions
Near intersection of Wood Ave and Hwy 98
Standard status
Active
APN
14215-010-000
Size
6,000 SF
Taxes and HOA fees
Tax Description
32 3S 14W -57.1- 91D3 OLD 61A BEG 71.01 E OF INTERSEC N R/W 15TH ST & NELY RR R/W TH NELY 221.06' FOR POB TH CONT 308.92 SE 140.26' TO W ROW OF WOOD AVE S 144.22' W 135.68' S 111.50' W 52.93' TO POB
Legal Description
32 3S 14W -57.1- 91D3 OLD 61A BEG 71.01 E OF INTERSEC N R/W 15TH ST & NELY RR R/W TH NELY 221.06' FOR POB TH CONT 308.92 SE 140.26' TO W ROW OF WOOD AVE S 144.22' W 135.68' S 111.50' W 52.93' TO POB
Building Details
Year built
2026
Floors in Building
1
Flooring type
Concrete
Building materials
MetalSiding, SteelFrame
Roof type
Metal
Listing Agency:
Counts Real Estate Group Inc
(850) 231-1483
Listed By:
Jason Oakes · License #0605868
(850) 819-4148
Added: Apr 30
Changed: Aug 4
Last Checked: Aug 30 at 10:06PM
MLS# 789287
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
New flex warehouse space is being planned as a 6,000-square-foot build with 14' x 14' roll-up doors and man doors at both the front and back of each unit. Office build-out is flexible, with the owner open to co-developing the interior for a long-term lease. The space can be divided into smaller sections, including 1,500-square-foot options, with larger configurations also possible.
Parking is available in front of the site, and there is room for loading and unloading. An additional 900-square-foot workshop area is also available for lease; it is described as fully functional with electric and sprayed insulation and subdivided into two areas for multiple uses.
Construction has not started and is expected to begin in mid-June, with an estimated build-out timeline of about 90 days, allowing room for interior personalization prior to erection and completion.
Parking is available in front of the site, and there is room for loading and unloading. An additional 900-square-foot workshop area is also available for lease; it is described as fully functional with electric and sprayed insulation and subdivided into two areas for multiple uses.
Construction has not started and is expected to begin in mid-June, with an estimated build-out timeline of about 90 days, allowing room for interior personalization prior to erection and completion.
Key Highlights
- New 6,000 SF flex warehouse under construction (Year built 2026), center of town
- Includes 14' x 14' roll‑up doors and man doors in front and back for each unit
- Can be divided into 1,500 SF sections (or up to 3,000 SF), with flexible office build‑out
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$8.75 /SF/Yr
Avg Asking Price
$5.87–$14 /SF/Yr
Price Range
10,454 SF
Avg Space Size
This space is priced 60% above the average of $8.75 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - New flex warehouse includes 14' x 14' roll-up doors, man doors, and flexible office space with loading access.
Where is this flex space located?
The property is located at 1515 Wood Avenue Panama City, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: New 6,000 SF flex warehouse under construction (Year built 2026), center of town; Includes 14' x 14' roll‑up doors and man doors in front and back for each unit; Can be divided into 1,500 SF sections (or up to 3,000 SF), with flexible office build‑out
