Automotive Service
1900 N East Avenue Panama City, FL 32405
1900 N East Avenue, Panama City, FL, 32405
$585,000
For Sale
$585,000
COMMERCIAL - Panama City, FL
Property Size3,375 SF
Lot Size0.31 Acres
Price / SF$173.33
Days on Market114
Property Features for 1900 N East Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 14818-050-000
- Size
- 3,375 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Description
- 35 3S 14W -11.16- ST AND BAY DEV CO PLAT BEG 112.5' N & 550' W OF SE COR LOT 57 TH W 122.68' N 112.5' E 123.38' S 112.5' TO POB ORB 3408 P 2161
Building Details
- Year built
- 1990
- Flooring type
- Concrete
- Building materials
- AluminumSiding
- Roof type
- Flat
Listing agency
Think Real Estate
(850) 270-4200
Listed by
Kim R Johnson · License #SL 3569360
(850) 819-3296
Added: Apr 1 Updated: Jul 20 at 7:00PM Checked: Jul 23 at 7:06AM
MLS# 787701
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.
This automotive service shop offers 3,375 square feet of functional workspace on a 0.31-acre lot with 123 feet of frontage. The facility is laid out to support day-to-day service operations, with service bays designed to accommodate multiple technicians and workflow. In addition to the shop area, there is space for equipment, customer service, and an office for administrative needs.
Located at 1900 N East Avenue in Panama City, this property is positioned for visibility along the road and provides straightforward access for an owner-operator or ongoing business use in Bay County.
The improvements are described as move-in ready, with a layout that supports automotive and related service activities, making it a practical fit for operators seeking an established workspace and service-bay configuration.
Located at 1900 N East Avenue in Panama City, this property is positioned for visibility along the road and provides straightforward access for an owner-operator or ongoing business use in Bay County.
The improvements are described as move-in ready, with a layout that supports automotive and related service activities, making it a practical fit for operators seeking an established workspace and service-bay configuration.
Key Highlights
- Prime commercial location in the heart of Panama City/Bay County with high traffic and excellent accessibility.
- Move‑in ready, turnkey facility with service bays suitable for various businesses.
- Functional workspace of 3,375 square feet on a .31‑acre lot.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.8k | $18.00 |
| − Vacancy | −$5.2k | −$1.53 |
| EGI | $55.6k | $16.47 |
| − OpEx | −$16.7k | −$4.94 |
| NOI | $38.9k | $11.53 |
3,375 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$555.9K
$486.4K – $648.5K
NOI $38,910 @ 7.0% cap · market cap 6.65%
Second Best
Industrial
$328.8K
$287.7K – $383.6K
NOI $23,013 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$848.8K
$742.7K – $990.2K
NOI $59,414 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A-1 Transmission Auto ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- TK's Auto World — 2913 15th St, Panama City, FL 32405
- Bean Automotive Repair — 2453 Gannon Cir, Panama City, FL 32405
- Discount Paint & Body — panama city, fl 32401
- safelite Panama City, Fl — N East Ave, Panama City, FL 32405
- John Lee Mazda Service — 2533 E 15th St, Panama City, FL 32405
FAQs
What type of property is this?
Auto shop - Automotive service shop with multiple service bays, office space, and 123 feet of frontage on a 0.31-acre lot.
Where is this auto shop located?
The property is located at 1900 N East Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Panama City/Bay County with high traffic and excellent accessibility.; Move‑in ready, turnkey facility with service bays suitable for various businesses.; Functional workspace of 3,375 square feet on a .31‑acre lot.
