New Flex Warehouse
For Lease
$14 SF/Yr
1515 Wood Avenue, Panama City, FL 32405
CommercialLease, Panama City, FL
Space Size1,500 SF - 6,000 SF
Days on Market170
Property Features for 1515 Wood Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning description
General Commercial, City
Subdivision
No Named Subdivision
Elementary school
Northside
Middle school
Jinks
High school
Bay
Directions
Near intersection of Wood Ave and Hwy 98
Standard status
Active
APN
14215-010-000
Size
6,000 SF
Taxes and HOA fees
Tax Description
32 3S 14W -57.1- 91D3 OLD 61A BEG 71.01 E OF INTERSEC N R/W 15TH ST & NELY RR R/W TH NELY 221.06' FOR POB TH CONT 308.92 SE 140.26' TO W ROW OF WOOD AVE S 144.22' W 135.68' S 111.50' W 52.93' TO POB
Legal Description
32 3S 14W -57.1- 91D3 OLD 61A BEG 71.01 E OF INTERSEC N R/W 15TH ST & NELY RR R/W TH NELY 221.06' FOR POB TH CONT 308.92 SE 140.26' TO W ROW OF WOOD AVE S 144.22' W 135.68' S 111.50' W 52.93' TO POB
Building Details
Year built
2026
Floors in Building
1
Flooring type
Concrete
Building materials
MetalSiding, SteelFrame
Roof type
Metal
Listing Agency:
Counts Real Estate Group Inc
(850) 231-1483
Listed By:
Jason Oakes · License #0605868
(850) 819-4148
Added: Apr 30
Changed: Sep 3
Last Checked: Oct 16 at 2:06AM
MLS# 789287
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.
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Investment Insights
Based on property information with market context.
New flex warehouse space totaling 6,000 square feet is under construction with a steel frame, metal siding, metal roof, and concrete flooring. The configuration includes 14-foot by 14-foot roll-up doors, along with a man door at both the front and rear of each unit. Interior office areas can be planned to suit a long-term lease, with the overall building divisible into 1,500-square-foot sections or two 3,000-square-foot areas.
Parking is available at the front of the site, with additional room for loading and unloading. An additional 900-square-foot workshop is also available and includes electric service, sprayed insulation, and two subdivided areas. Construction is identified for 2026, with the building still at a stage allowing interior personalization.
Parking is available at the front of the site, with additional room for loading and unloading. An additional 900-square-foot workshop is also available and includes electric service, sprayed insulation, and two subdivided areas. Construction is identified for 2026, with the building still at a stage allowing interior personalization.
Key Highlights
- 6,000‑square‑foot flex warehouse under construction
- 14' x 14' roll‑up doors with front and rear man doors for each unit
- Divisible into 1,500‑square‑foot sections or two 3,000‑square‑foot areas
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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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 27% above the average of $11.07 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- PoFolks Restaurant — 989 15th st, panama city, fl 32401
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction flex space offers adaptable office planning, loading access, and front parking.
Where is this flex space located?
The property is located at 1515 Wood Avenue Panama City, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 6,000‑square‑foot flex warehouse under construction; 14' x 14' roll‑up doors with front and rear man doors for each unit; Divisible into 1,500‑square‑foot sections or two 3,000‑square‑foot areas
