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Flex Space with Mezzanine
New
For Lease
$12 SF/Yr

1509 Hickory Ave, Panama City, FL 32405

A combination of warehouse, office, and climate-controlled mezzanine space supports a range of commercial operations.

Space Size4,300 SF
Days on Market6

Property Features for 1509 Hickory Ave

General Information

Standard status Active
Size 4,300 SF
Net Rentable 4,300 SF
Zoning NG

Space & Availability

Available Space 4,300 SF
Contiguous Space 4,300 SF
Space Use Flex
Furnished Yes

Warehouse & Industrial

Warehouse Space 2,080 SF
Office Build-Out 542 SF
Mezzanine 1,000 SF
Drive-In Doors 2

Building Details

Year Built 2007
Buildings 1
Building Size 4,300 SF
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Source: Emeraldcoasthomesource
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 14 at 11:13PM

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.

This 4,300-square-foot flex building in Panama City has a 45' x 70' footprint. The warehouse measures 24' x 70' and includes a separate 20' x 20' room, with ceiling heights of 25 feet at the center and 21 feet at the eaves. Front and rear grade-level doors measure 14' x 16' and approximately 10' x 12', respectively. A 20' x 50' heated and cooled mezzanine has 9-foot ceilings. Downstairs offices include a lobby, private office, break room/kitchen, and men's and women's restrooms.

The property is within the City of Panama City and the Gateway Overlay, with Neighborhood General (NG) zoning. Building features include 50 rooftop solar panels, a new upstairs A/C unit, and UV cleaners on both A/C units. Upstairs office furniture and two downstairs desks are included. An onsite well is present but would require a pump.

Key Highlights

  • 4,300‑square‑foot flex building with a 45' x 70' footprint
  • 20' x 50' heated and cooled mezzanine with 9‑foot ceilings
  • Warehouse ceiling heights are 25 feet at center and 21 feet at the eaves

Property Analytics

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Current Use

Innovative Glass LLC Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Accounting Firm Gym & Fitness Center Plumbing Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

2
Drive-in doors
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$11.07 /SF/Yr
Avg Asking Price
$5.87–$16 /SF/Yr
Price Range
18,241 SF
Avg Space Size

This space is priced 8% above the average of $11.07 /SF/Yr.

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
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Similar Off Market Nearby

  • Loaded — 2215 W 9th St, Panama City, FL 32401
  • The Shrimp Boat — 1201 Beck Ave, Panama City, FL 32401

Frequently Asked Questions

What type of property is this?
Flex space - A combination of warehouse, office, and climate-controlled mezzanine space supports a range of commercial operations.
Where is this flex space located?
The property is located at 1509 Hickory Ave Panama City, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 4,300‑square‑foot flex building with a 45' x 70' footprint; 20' x 50' heated and cooled mezzanine with 9‑foot ceilings; Warehouse ceiling heights are 25 feet at center and 21 feet at the eaves
More about this property
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