Property profile

230 N Tyndall Pkwy Panama City, FL 32404

FOR SALE
Office Spaces
Property ID
US18-3440764
20,920 SF Built 2008
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 20,920-square-foot office building, located at 230 N Tyndall Parkway in Panama City, Florida, presents a unique investment opportunity. Built in 2008 and extensively renovated in 2019, the single-story structure sits on a generous 84,942-square-foot lot zoned Commercial-1. The property is currently vacant, offering a blank canvas for a new owner/user. Its previous tenant was the Department of Children and Families, highlighting its suitability for government agencies or Department of Defense contractors supporting Tyndall Air Force Base. The building's Class C designation reflects its solid construction and functionality, making it an attractive option for businesses seeking a well-maintained space at a competitive price. The asking price is $2,800,000, and the lease type is NNN. This property offers significant potential for a variety of uses, given its size, location, and recent renovations. The building's strategic location on Tyndall Parkway ensures high visibility and easy access. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.

Property profile

Verified
Property type Office Spaces
Year built 2008
Total area 20,920 SF
UPID US18-3440764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Social Service Agency
  • Building Supply
  • Registered General Nurse

Location

230 N Tyndall Pkwy Panama City, FL 32404
Panama City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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