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    Professional Office Building with Parking Title is generated by Realmo AI

    10010 Hutchison Boulevard, Panama City Beach, FL 32407

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    Claim this Listing
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    For Sale
    $925,000

    Office building with flexible layout, private offices, conference room, and onsite parking for tenant operations.

    Type:Commercial
    Property size:
    3,179 SF
    Price / SF:
    $290/SF
    Added:
    Jun 9, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 13 at 2:36 am

    Property Features for 10010 Hutchison Boulevard

    General Information

    Standard status
    Active
    Size
    3,179 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1977

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    Listing Contact
    RIC R HOLT

    Listing agent RIC R HOLT License #3228641

    Listing office RC REAL ESTATE GROUP

    Listing date Jun 9, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RC REAL ESTATE GROUP

    HighLights

    • Office building built in 1977 with a flexible layout for professional uses
    • Downstairs includes 11 offices plus reception/lobby, conference room, kitchen breakroom, and storage areas
    • Three restrooms, a copier supply room, and multiple storage closets/areas on the main level
    • Upstairs has 4 additional offices for expanded tenant or team space
    • Onsite parking in both the front and back of the building
    • Lighted signage on Hutchison Blvd and landscaping for curb appeal

    Overview

    This professional office building includes an entrance reception and lobby area, 11 offices on the downstairs level, and an upstairs level with four additional offices. The interior also features a conference room, three restrooms, a kitchen/breakroom, a copier supply room, and multiple storage closets and storage areas.

    Parking is provided in both the front and back of the building, supporting convenient access for employees and visitors. The property has lighted signage on Hutchison Blvd and landscaping around the building, contributing to strong curb appeal. The current use is as a real estate company, with the space described as offering many possible uses for different businesses.

    With multiple office rooms, a reception area, and a conference room, this layout suits a variety of professional tenants that need both client-facing space and private work areas. The combination of on-site parking and lighted signage can support day-to-day business visibility and ease of access.

    Local Financial Insights For Office B

    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 $89.6k $28.20
    − Vacancy −$18.4k −$5.78
    EGI $71.3k $22.42
    − OpEx −$17.8k −$5.60
    NOI $53.5k $16.81
    3,179 SF · lease $28.20/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $763.6K
    $668.2K – $890.9K (±1% cap)
    NOI $53,453 @ 7.0% cap · market cap 5.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $926.3K
    $810.5K – $1.08M (±1% cap)
    NOI $64,838 @ 7.0% cap · market cap 7.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.803531
    Latitude
    30.1816161

    FAQs

    What type of property is this?
    Office building - Office building with flexible layout, private offices, conference room, and onsite parking for tenant operations.
    Where is this office building located?
    The property is located at 10010 Hutchison Boulevard Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Office building built in 1977 with a flexible layout for professional uses; Downstairs includes 11 offices plus reception/lobby, conference room, kitchen breakroom, and storage areas; Three restrooms, a copier supply room, and multiple storage closets/areas on the main level
    More about this property
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