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    527 Airport Rd Panama City, FL 32405

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    For Lease
    $21 SF/Yr ($6,930 /Mo)

    Commercial office building suitable for school or professional/medical office.

    Property size:
    3,960 SF
    Lot size:
    3,960 SF

    Property Features for 527 Airport Rd

    General Information

    Standard status
    Active
    Size
    3,960 SF

    Building Details

    Year built
    1990

    Source: COUNTS REAL ESTATE GROUP Agent TIMOTHY M CARROLL

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

    Overview

    Commercial Office Building For Lease

    This immaculately maintained commercial office building, currently the home of Troy University's Panama City satellite campus, will be available for lease on July 1, 2025, due to Troy University closing this location. The 3,960 square foot space features a huge reception area, 7 offices, and 2 large classrooms. It also includes 2 multi-stall ADA restrooms and ample storage space. The building has a large dedicated parking lot with monument signage and direct access to Airport Road and Florida Avenue. This centrally located site in the heart of Panama City is perfectly suited for a small charter school or professional or medical office use, with easy access to all points in every direction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Troy University - Panama ... University

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6673916
    Latitude
    30.1812722

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    FAQs

    What type of property is this?
    Office building - Commercial office building suitable for school or professional/medical office.
    Where is this office building located?
    The property is located at 527 Airport Rd Panama City, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Large, dedicated parking lot with monument signage.; - Centrally located in Panama City with direct access to Airport Road and Florida Avenue.; - Suited for a small charter school, professional, or medical office use.
    (850) 248-3615
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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
    527 Airport Rd Panama City, FL 32405
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