Building Details

Year built 1979

Listing Agency: Keller Williams Success Realty · Keller Williams Realty k***@kw.com Show Phone

Listed By: Dennis Nelson · License #BK3379289 Show Phone

Added: Feb 27 Changed: Sep 15 Last Checked: Sep 28 at 12:06AM

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MLS# 786176

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property in Fountain, Florida, spans 1.37 acres and includes 7,820 square feet of improvements. The commercial component features two primary warehouses totaling 3,200 square feet, concrete floors, overhead doors, lighting, and a separate 1,500-square-foot storage structure. An updated office provides space for several workstations along with a restroom and storage room.

Detached residential accommodations include two units: a two-bedroom, one-bath unit and a one-bedroom, one-bath unit, with a kitchen in each. Three 4-foot-deep wells provide water service, and the site offers room for parking, outdoor storage, or additional buildings. The property consists of three parcels, each carrying Commercial C-3 zoning.

Located at 12114 Krocus Street, the property sits near Highway 231 with access toward Panama City, Highway 20, and Interstate 10 corridors. Built in 1979, the improvements support a combination of commercial, storage, office, and residential functions.

Key Highlights

• 1.37‑acre site with 7,820 square feet of improvements
• Two warehouses totaling 3,200 square feet
• Separate 1,500‑square‑foot storage structure

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Repair Shop Plumbing Service Pet Grooming Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

Explore this area Business Placement

Demographics for 32438, FL

4,363

Population

2,232

Households

2

Avg Household Size

42

Median Age

12%

College-Educated

80%

High-School Grad

56.8 sq mi

ZIP Area

77

Density / Sq Mi

$42,417

Median Household Income

$28,701

Median Earnings

$725

Median Rent

$127,900

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial property combining warehouse, office, storage, and two residential units across three C-3-zoned parcels.

Where is this mixed-use property located?

The property is located at 12114 Krocus Street Fountain, FL.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: 1.37‑acre site with 7,820 square feet of improvements; Two warehouses totaling 3,200 square feet; Separate 1,500‑square‑foot storage structure