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Flex Space with Storage Yard
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5615 Wallace Road, Panama City, FL 32404

2026 construction offers semi-truck access, three restrooms, and City of Callaway water and sewer.

Space Size1,212 SF
Days on Market7

Property Features for 5615 Wallace Road

General Information

Standard status Active
Size 1,212 SF
Class A
Property subtype Office, Industrial

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Space Use Warehouse

Amenities

Restrooms
Shower

Building Details

Building Size 1,212 SF
Year Built 2026
Tenancy Single

Spaces For Lease

at 5615 Wallace Road Contact us

Space 1

Size
1,212 SF
Type
Office, Industrial
Contact us
Listing Agency: Wattenbarger Commercial
Listed By: Kevin Wattenbarger, CCIM · License #FLBK3137983
Source: Crexi
Added: Jul 29 Changed: Aug 3 Last Checked: Aug 3 at 1:04PM

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 Wattenbarger Commercial

Investment Insights

Based on property information with market context.

This 2026-built flex space combines warehouse, office, and storage-yard components for commercial operations requiring both enclosed and outdoor areas. The property includes an approximately 200' x 200' outdoor laydown yard, along with three restrooms, including one equipped with a shower. Semi-truck access supports larger vehicles and deliveries, while City of Callaway water and sewer serve the site.

The property is located at 5615 Wallace Road in Panama City, with access to Tyndall Parkway, Highway 22, and US Highway 98. The configuration supports contractor operations, fleet parking, equipment staging, material storage, distribution, light industrial activity, and warehouse use, as identified in the property information.

Key Highlights

  • Approximately 200' x 200' outdoor laydown yard
  • 2026‑built flex space with warehouse, office, and storage areas
  • Semi‑truck access for larger vehicles and deliveries

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Real Estate Agency Pharmacy Nail Salon Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Panama City, FL

$9.6 /SF/Yr
Avg Asking Price
$5.87–$15 /SF/Yr
Price Range
11,762 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • Caroline's Food & Catering LLC 827 Georgia Ave, Panama City, FL 32404

Frequently Asked Questions

What type of property is this?
Flex space - 2026 construction offers semi-truck access, three restrooms, and City of Callaway water and sewer.
Where is this flex space located?
The property is located at 5615 Wallace Road Panama City, FL.
What are key features of this property?
This property features: Approximately 200' x 200' outdoor laydown yard; 2026‑built flex space with warehouse, office, and storage areas; Semi‑truck access for larger vehicles and deliveries
More about this property
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