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    230 N Tyndall Pkwy Panama City, FL 32404

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    For Lease
    $2,400,000

    20,000 SF office building with flexible floorplate and ample parking.

    Property size:
    20,000 SF
    Lot size:
    1.96 Acres

    Property Features for 230 N Tyndall Pkwy

    General Information

    Size
    20,000 SF
    Lot size
    1.96 Acres

    Source: Five Bridges Real Estate Services Agent Kevin Wattenbarger, CCIM

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

    Overview

    Versatile Panama City Office Asset

    This 20,000 square foot office asset features steel-frame construction and was built in 2008. Formerly leased by the State of Florida, the property is situated on a 1.95-acre campus with convenient access via Tyndall Parkway. Parking is provided by 80 surface spaces, a ratio of 4 spaces per 1,000 square feet. The rectangular floorplate is designed for flexible configuration, accommodating both open-plan workstations and private suites. The property is network ready and features central HVAC with zoned controls, as well as durable commercial-grade finishes. Access is facilitated by a dedicated ingress/egress via a shared internal drive. This property presents an adaptive reuse opportunity and is suitable for owner-users, investors, or conversion to medical, educational, or R&D uses. An adjacent 16,000 square foot building at 210 Tyndall Parkway is also available, offering up to 36,000 square feet under single ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Children's Medical Services Social Services Organization 90Works at Children's Medical ... Social Services Panama City Discount ... Portable Toilet Supplier Davis Teresa A Registered General Nurse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.5894203
    Latitude
    30.1506693

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    FAQs

    What type of property is this?
    Office building - 20,000 SF office building with flexible floorplate and ample parking.
    Where is this office building located?
    The property is located at 230 N Tyndall Pkwy Panama City, FL.
    What are key features of this property?
    This property features: - 20,000 SF Versatile Office Asset: Steel-frame construction built in 2008.; - Adaptive Reuse Opportunity: Ideal for owner-users, investors, or conversion to medical, educational, or R&D uses.; - Contiguous Campus Potential: Adjacent 16,000 SF building available, offering up to 36,000 SF under single ownership.
    (850) 913-9133
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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
    230 N Tyndall Pkwy Panama City, FL 32404
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