Industrial Warehouse with Engineering
2800 East 5th Street, Panama City, FL 32401
For Sale
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The concrete-block structure retains steel roof framing and is accompanied by sealed redevelopment drawings and engineering documentation.
Property Size18,000 SF
Lot Size1.88 Acres
Price / SF$30.56
Days on Market30
Property Features for 2800 East 5th Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Property Condition
Severity
Evidence
Site & Location
Highway Access
Road Access
Additional Details
Clear Height
Property Use
Building Details
Year Built
Buildings
Building Size
Construction
Listing Agency:
Darden Properties
Listed By:
Gene Darden · License FL #10502331
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 3:23PM
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 Darden Properties
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Investment Insights
Based on property information with market context.
This 1971 concrete-block industrial warehouse occupies 1.88 acres and offers approximately 200 feet of frontage on US-98 Business. The building has about 12 feet of clear height. Its roof covering has been removed, while most steel bar joists remain. The secured structure has been painted, and a licensed professional engineer has certified the roof framing, reinforced CMU walls, slab, and front parapet steel as structurally sound. Sealed restructuring drawings, contractor bids for dry-in and storefront work, and a development order package are also available. The property is offered as-is and is zoned NG under City of Panama City zoning; intended uses should be confirmed with the city. FEMA maps the site in Flood Zone X.
US-98 Business is reported to carry 18,600 vehicles per day based on FDOT 2021 AADT. Downtown Panama City is about 3.5 miles away, Ascension Sacred Heart Bay hospital is about 1.8 miles away, and Tyndall AFB is about 9 miles away via US-98.
US-98 Business is reported to carry 18,600 vehicles per day based on FDOT 2021 AADT. Downtown Panama City is about 3.5 miles away, Ascension Sacred Heart Bay hospital is about 1.8 miles away, and Tyndall AFB is about 9 miles away via US-98.
Key Highlights
- 1.88‑acre industrial property with about 200 feet of frontage on US‑98 Business
- 1971 concrete‑block building with approximately 12 feet of clear height
- Roof covering removed; most steel bar joists remain in place
Property Analytics
Who owns this building?
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Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Panama City, FL
Properties on Market for Warehouses in Panama City
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Watson Landings — 1654 E 5th St, Panama City, FL 32401
- Go Mini's — 1903 E 5th St, Panama City, FL 32401
- Storage Depot — 3101 US-98 BUS, Panama City, FL 32401
- Paulks Moving & Storage Co — 724 Kraft Ave, Panama City, FL 32401
Frequently Asked Questions
What type of property is this?
Warehouse - The concrete-block structure retains steel roof framing and is accompanied by sealed redevelopment drawings and engineering documentation.
Where is this warehouse located?
The property is located at 2800 East 5th Street Panama City, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1.88‑acre industrial property with about 200 feet of frontage on US‑98 Business; 1971 concrete‑block building with approximately 12 feet of clear height; Roof covering removed; most steel bar joists remain in place
