1834 Lisenby Ave Panama City, FL
Move-in ready office building in the heart of Panama City.
- Added:
- Apr 4, 2025
- Days on Market:
- 464
- Last Refresh:
- May 20 at 8:18 pm
Property Features for 1834 Lisenby Ave
General Information
- Standard status
- Active
- Size
- 10,136 SF
- Lot size
- 1.13 Acres
- Property subtype
- OFFICE
Listing office Premier Commercial Group, LLC (850) 326-1463
Listing date Apr 4, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Group, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Newly Renovated office building
- Located in the heart of Panama City Beach
- Move‑In ready office space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.9k | $21.00 |
| − Vacancy | −$42.6k | −$4.20 |
| EGI | $170.3k | $16.80 |
| − OpEx | −$42.6k | −$4.20 |
| NOI | $127.7k | $12.60 |
