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

1509 Hickory Avenue, Panama City, FL 32405

CommercialLease, Panama City, FL

Space Size4,300 SF
Days on Market2

Property Features for 1509 Hickory Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Industrial, City
Subdivision No Named Subdivision
Lot features Cleared
Elementary school Lucille Moore
Middle school Jinks
High school Bay
Directions Hwy 98 to Hickory Avenue. Turn north on Hickory, and the building (Innovative Glass) will be on the left.
Standard status Active
APN 29525-000-000
Size 4,300 SF

Taxes and HOA fees

Tax Description 36 3S 15W SE1/4 LOT 7 BLK 27 ORB 2844 P 979 ORB 2928 P 1137
Legal Description 36 3S 15W SE1/4 LOT 7 BLK 27 ORB 2844 P 979 ORB 2928 P 1137

Utilities

Sewer type Public Sewer
Cooling system Central Air

Amenities

solar panels
office furniture

Building Details

Year built 2007
Floors in Building 1
Flooring type Concrete, Carpet
Building materials SteelFrame
Roof type Metal
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: Oct 10 Changed: Oct 11 Last Checked: Oct 11 at 8:06PM
MLS# 796453

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 4,300-square-foot flex building, constructed in 2007, combines ground-floor office and warehouse areas with a heated and cooled mezzanine. The downstairs office includes a lobby, private office, break room with kitchen, and separate men's and women's bathrooms. The warehouse measures 24 by 70 feet, with an additional 20-by-20-foot room. A 20-by-50-foot mezzanine has 9-foot ceilings. The building footprint is 45 by 70 feet.

Warehouse clearance reaches 25 feet at the center and 21 feet at the eaves. A 14-by-16-foot grade-level door serves the front, with an approximately 10-by-12-foot door at the rear. The building has 50 roof-mounted solar panels, central air, a metal roof, and steel-frame construction. Both air-conditioning units have UV cleaners; the upstairs unit is new, and the downstairs thermostat is new. Public sewer is available, and an onsite well would require a pump. The property is zoned Neighborhood General (NG) and is within the Gateway Overlay in Panama City.

Key Highlights

  • 4,300‑square‑foot flex building, built in 2007
  • 20‑by‑50‑foot heated and cooled mezzanine with 9‑foot ceilings
  • Warehouse measures 24 by 70 feet, plus a separate 20‑by‑20‑foot room

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

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

$10.85 /SF/Yr
Avg Asking Price
$5.87–$16 /SF/Yr
Price Range
20,701 SF
Avg Space Size

This space is priced 11% above the average of $10.85 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 heated and cooled upper-level area complements the ground-floor offices and warehouse.
Where is this flex space located?
The property is located at 1509 Hickory Avenue 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, built in 2007; 20‑by‑50‑foot heated and cooled mezzanine with 9‑foot ceilings; Warehouse measures 24 by 70 feet, plus a separate 20‑by‑20‑foot room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again