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Office Units with Warm-Shell Space
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3109 Minnesota Avenue, Panama City, FL 32405

Office space includes unfinished areas suitable for tenant-specific build-out under a long-term lease arrangement.

Property Size46,928 SF
Price / SF$0.00
Days on Market1376

Property Features for 3109 Minnesota Avenue

General Information

Standard status Active
Size 46,928 SF
Class Class A
Property subtype Office

Additional Details

Highway Access Yes

Amenities

3

Building Details

Year Built 1995
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher McCall · License #666647
Source: Xome
Added: Nov 30, 2022 Changed: Sep 4 Last Checked: Sep 5 at 5:10AM

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 Counts Real Estate Group Inc

Investment Insights

Based on property information with market context.

The property is a 46,928-square-foot office facility completed in 1995. Unfinished warm-shell areas occupy portions of the first and second floors, including approximately 12,000 square feet on the first floor and 15,000 square feet on the second floor. The landlord will complete tenant improvements for qualifying long-term credit tenants.

Located at 3109 Minnesota Avenue in Panama City, the Operations Center is near the intersection of Highway 77 and Baldwin Avenue. It is adjacent to and north of Haney Vocational Training School, providing a central Panama City setting for office users.

Key Highlights

  • 46,928‑square‑foot office facility completed in 1995
  • Warm‑shell space on portions of the first and second floors
  • First‑floor shell area measures 12,000 square feet

Property Analytics

Current Use

Bay County Vet ... Community Center Tyndall Federal Credit ... Credit Union Rebuild Florida Center ... Government Economic Program Covenant Care - Panama ... Home Health Care Service Movable City Solar ... Production Facility

Suggested Use

Top Pick Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space includes unfinished areas suitable for tenant-specific build-out under a long-term lease arrangement.
Where is this office units located?
The property is located at 3109 Minnesota Avenue Panama City, FL.
What are key features of this property?
This property features: 46,928‑square‑foot office facility completed in 1995; Warm‑shell space on portions of the first and second floors; First‑floor shell area measures 12,000 square feet
More about this property
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