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    1415 Frankford Ave Panama City, FL 32401

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $3,807,383

    Safelite-Leased Building, High Traffic

    Property size:
    7,020 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    329
    This exceptional investment opportunity presents a newly constructed, 7,020-square-foot free-standing building in Panama City, Florida. Built in 2024, the property boasts a 20-year roof warranty and is occupied by Safelite AutoGlass under a corporate guarantee, ensuring a stable income stream. The building features five garage bays, strategically located on a corner lot at a signalized intersection, maximizing visibility and accessibility. Its prime location near the heart of the retail trade area provides excellent exposure to a high volume of traffic. The property offers convenient access to W 15th Street (Highway 98), a major thoroughfare with an impressive 39,600 AADT (Average Annual Daily Traffic). This presents a rare chance to acquire a strong, long-term investment in a thriving retail market. The building's modern construction and prominent location make it an ideal asset for discerning investors seeking a secure and profitable addition to their portfolio. The sale price is $3,807,383. Detailed financial information is available upon request.

    Property Features for 1415 Frankford Ave

    General Information

    Property type
    Other retail properties
    Square Feet
    7,020 SF
    Price / Square Foot
    $542
    Elevators
    N/A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    HighLights

    • Newly constructed, 7,020 sq ft building with a 20‑year roof warranty.
    • Safelite AutoGlass corporate guarantee provides strong tenant security.
    • Prime corner location at a signalized intersection with high traffic counts on Highway 98.
    Location Intelligence

    Current Use by Public Records

    IN N OUT Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    State
    Florida
    Longitude
    -85.692464
    Latitude
    30.174985

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    FAQs

    What type of property is this?
    Other retail property - Safelite-Leased Building, High Traffic
    Where is this other retail property located?
    The property is located at 1415 Frankford Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $3,807,383.
    What are key features of this property?
    This property features: Newly constructed, 7,020 sq ft building with a 20-year roof warranty.; Safelite AutoGlass corporate guarantee provides strong tenant security.; Prime corner location at a signalized intersection with high traffic counts on Highway 98.
    (850) 564-0120
    Request Owner's contact information
    1415 Frankford 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
    1415 Frankford Ave Panama City, FL 32401
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