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    7157 Highway 98 W Panama City Beach, FL 32407

    For Lease
    $12 SF/Yr

    77,596 SF commercial building suitable for retail or warehouse.

    Property size:
    77,596 SF
    Lot size:
    6.40 Acres

    Property Features for 7157 Highway 98 W

    General Information

    Size
    77,596 SF
    Lot size
    6.40 Acres

    Source: Counts Real Estate Group Agent Christopher McCall, SIOR

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

    Overview

    Spacious Commercial Building For Lease

    This 77,596 square foot building is available for lease, with the current tenant planning to vacate by the end of the year. The building includes 68,290 square feet on the first floor and 9,306 square feet on the second floor, which features office space, storage, and an apartment. Additionally, there is a 6,600 square foot fenced canopy. The building was originally built in 1985 and was previously occupied by Wayne's World RV. The building has a 16-foot eave height and includes two 8-foot wide and 10-foot high dock-height loading doors, two 12-foot wide and 14-foot high grade doors, and one 10-foot wide and 12-foot high grade door. It features 3-phase power with 400 and 600 Amps. Zoned C-3, General Commercial in Bay County, the property is suitable for retail, storage/warehouse, and research & development. The landlord will consider subdividing for long-term credit tenants.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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 Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.763893
    Latitude
    30.18691

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    FAQs

    What type of property is this?
    Retail space - 77,596 SF commercial building suitable for retail or warehouse.
    Where is this retail space located?
    The property is located at 7157 Highway 98 W Panama City Beach, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Fantastic location with easy accessibility and tremendous exposure.; - 77,596 Sq. Ft. Total Heated & Cooled SF, offering substantial space.; - Versatile C-3 General Commercial zoning allows for retail, storage/warehouse, research & development, etc.
    (850) 814-9889
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    7157 Highway 98 W Panama City Beach, FL 32407
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    Panama City Beach, FL 32407
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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
    7157 Highway 98 W Panama City Beach, FL 32407
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