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    909 W 39th St Panama City, FL 32405

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $8 SF/Yr

    Large warehouse, ideal for distribution.

    Lot size:
    107,890 SF

    Description

    Added:
    Mar 19, 2025
    Days on Market:
    294
    This exceptional 107,890-square-foot industrial property, located at 909 W. 39th Street in Panama City, Florida, 32405, offers a versatile space suitable for warehouse, distribution, or light manufacturing operations. The property is situated adjacent to the Sweetbay redevelopment project, a significant undertaking encompassing over 3,000 residential units and 600,000 square feet of commercial space. Its strategic location provides convenient access to key regional assets, including the Port of Panama City, Florida State University Panama City, Gulf Coast State College, Tyndall Air Force Base, and the Naval Supply Activity/Naval Surface Warfare Center. Further enhancing its appeal are several market catalysts driving demand, such as the INSPIRE aerospace technology research and development campus at NWFL Beaches International Airport, the ongoing development of the Bay-Walton Sector Plan (including Latitude Margaritaville), the $5 billion expansion of Tyndall Air Force Base, and the robust tourism sector of Panama City Beach. The property benefits from easy access to Highway 20 and Interstate 10 via SR-77 and US Highway 231, placing it within a short drive of the renowned Emerald Coast beaches. The lease type is NNN, with an annual rate of $8.5 per square foot. The building offers 107,890 usable square feet.

    Property Features for 909 W 39th St

    General Information

    Property type
    Other industrial properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    107,890 SF
    USF (Usable sq. ft)
    107,890 SF
    Class
    B
    Total Parking Spaces
    50
    Elevators
    N/A
    Total Rate
    76422.08

    Building Details

    Year Built/Renovated
    1980/2019
    Buildings
    1
    Stories
    1

    HighLights

    • Large 107,890 sq ft warehouse available for lease.
    • Prime location near major transportation arteries and educational institutions.
    • Benefits from significant area development including residential and commercial growth.
    Location Intelligence

    Current Use by Public Records

    Parthenon Prints Inc Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    State
    Florida
    Longitude
    -85.673229
    Latitude
    30.217693

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    FAQs

    What type of property is this?
    Industrial property - Large warehouse, ideal for distribution.
    Where is this industrial property located?
    The property is located at 909 W 39th St Panama City, FL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Large 107,890 sq ft warehouse available for lease.; Prime location near major transportation arteries and educational institutions.; Benefits from significant area development including residential and commercial growth.
    (407) 839-3140
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    909 W 39th St Panama City, FL 32405
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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
    909 W 39th St Panama City, FL 32405
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