Goodyear Tire & Service
For Sale
Contact for pricing
180 North Tyndall Parkway, Panama City, FL 32404
Sale includes the operating automotive business together with its underlying real estate.
Property Size6,360 SF
Price / SF$332.43
Days on Market126
Property Features for 180 North Tyndall Parkway
General Information
Standard status
Active
Size
6,360 SF
Property subtype
Business for Sale, Retail
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1985
Year Renovated
2022
Tenancy
Single
Listing Agency:
AiCRE Partners
Listed By:
Brian Sanchez · License #01768654
(925) 431-9508
Source:
Crexi
Added: Jun 15
Changed: Oct 16
Last Checked: Oct 16 at 7:16AM
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 AiCRE Partners
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Investment Insights
Based on property information with market context.
This offering combines an established Goodyear Tire & Service Center with the real estate at 180 North Tyndall Parkway in Panama City, Florida. The automotive facility contains 6,360 square feet and was built in 1985, providing a dedicated setting for tire and vehicle service operations.
The property occupies a corner lot along North Tyndall Parkway. The sale includes both the operating business and the underlying commercial property, offering a combined business and real estate acquisition.
The property occupies a corner lot along North Tyndall Parkway. The sale includes both the operating business and the underlying commercial property, offering a combined business and real estate acquisition.
Key Highlights
- Established Goodyear Tire & Service Center operation
- 6,360‑square‑foot automotive service facility
- Business sale includes the underlying real estate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,641
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,392,820
$1.4M
Cap Rate 7%
$994,871
$994.9K
Cap Rate 9%
$773,789
$773.8K
Market Conditions
NOI Build-Up for 6,360 SF
Gross rent
$108.4K $17.04/SF
− Vacancy
−$8.9K −$1.40/SF
EGI
$99.5K $15.64/SF
− OpEx
−$29.8K −$4.69/SF
NOI
$69.6K $10.95/SF
Area
Bay County, FL
Vacancy
8.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,392,820
Cap Rate 7%
$994,871
Cap Rate 9%
$773,789
Alternative Uses
Best Use
Retail
$994.9K
$870.5K – $1.16M
NOI $69,641 @ 7.0% cap · market cap 3.29%
Second Best
Industrial
$598.6K
$523.8K – $698.4K
NOI $41,903 @ 7.0% cap · market cap 1.98%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,716 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
163k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 22%
Groceries 15%
Hotels & Casinos 1%
Winn-Dixie
Groceries
24,527 visits/mo
0.3 miles
Chick-fil-A
Dining
22,694 visits/mo
0.4 miles
McDonald's
Dining
21,866 visits/mo
0.2 miles
Murphy USA
Shops & Services
18,074 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
10,675 visits/mo
0.0 miles
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Olde 98 Tire & Automotive — 225 Sudduth Pl, Panama City, FL 32404
- Pro Dent Repair Mobile Auto Dent Removal — 307 S Tyndall Pkwy Suite 199, Panama City, FL 32404
- Garage SamCar — 120 S Comet Ave, Panama City, FL 32404
- AA Roadside Service — 206 N Hwy 22 A, Panama City, FL 32404
- Your Personal Detail — 5208 Joshua Ln, Panama City, FL 32404
Frequently Asked Questions
What type of property is this?
Auto shop - Sale includes the operating automotive business together with its underlying real estate.
Where is this auto shop located?
The property is located at 180 North Tyndall Parkway Panama City, FL.
What is the asking price?
The asking price for this property is $2,114,226.
What are key features of this property?
This property features: Established Goodyear Tire & Service Center operation; 6,360‑square‑foot automotive service facility; Business sale includes the underlying real estate
