2816 Forester Trail, Panama City, FL 32405
16,600 sqft commercial warehouse with office space for sale.
- Added:
- Mar 24, 2026
- Days on Market:
- 98
- Last Refresh:
- Mar 24 at 8:10 pm
Property Features for 2816 Forester Trail
General Information
- Standard status
- Active
- Size
- 16,600 SF
- Lot size
- 2.02 Acres
Building Details
- Year Built
- 2025
Listing office SELTZER REAL ESTATE, LLC (850) 235-0578
Listing date Mar 24, 2026
Source Corcoran
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 SELTZER REAL ESTATE, LLC
HighLights
- 16,600 sqft commercial warehouse facility
- Benefit from approximately 12,000 sqft of heated and cooled office space
- 4,000 sqft of open warehouse storage
- Four oversized garage doors
- Multiple private offices, full kitchen, full and half bath
- Large parking area and lay down yard
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $348.6k | $21.00 |
| − Vacancy | −$69.7k | −$4.20 |
| EGI | $278.9k | $16.80 |
| − OpEx | −$69.7k | −$4.20 |
| NOI | $209.2k | $12.60 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Open Water Catering — 2323 E 16th Ct, Panama City, FL 32405
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.6180812
- Latitude
- 30.182375
