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    625 Mercer Ave Panama City, FL 32401

    New
    For Sale
    $495,000

    SINGLE_FAMILY - Panama City, FL

    Type:Office
    Lot size:
    0.23 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 625 Mercer Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    20084-000-000
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas

    Building Details

    Year built
    1995
    Flooring type
    Carpet
    Building materials
    MetalSiding

    Hitchcock Real Estate LLC (850) 866-2158 [email protected]

    Listing agent Laird L Hitchcock (850) 481-0095 License #3230355

    Listing date Dec 2, 2025

    Copyright © 2025 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.

    Overview

    Office, Warehouse, and Laydown Yard

    This property features office space, warehouse space, and a laydown yard. The office area includes two 12x16 offices and four 12x12 offices, each with 10 ft ceilings, surrounding a large reception area. At the rear of the office is a print area. The property also contains a full kitchen and dining area equipped with a natural gas oven/range, as well as a full bathroom with a shower. The warehouse area measures 2000 sq ft and includes a mezzanine. A large 16 ft roll-up door is located at the rear of the warehouse. Adjacent to the building is a 65x50 fenced laydown area. The property is located in the center of town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lawrence Construction Co General Contractor

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.663512
    Latitude
    30.160133

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    FAQs

    What type of property is this?
    Office space - Office and warehouse space with fenced laydown yard in town.
    Where is this office space located?
    The property is located at 625 Mercer Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Central location in town; - 2000 sq ft warehouse featuring a mezzanine and a convenient 16 ft roll-up door; - 65x50 fenced laydown yard
    (850) 481-0095
    Request Owner's contact information
    625 Mercer Ave Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625 Mercer Ave Panama City, FL 32401
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