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New Warehouse with Office and Yard
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5615 Wallace Road Panama, Panama City, FL 32404

New 3,200 SF warehouse with 700 SF air-conditioned office, three overhead doors, and a 200' x 200' outdoor laydown yard.

Space Size3,200 SF
Days on Market50

Property Features for 5615 Wallace Road Panama

General Information

Standard status Active
Size 3,200 SF
Property subtype Factory

Building Details

Building Size 3,200 SF
Year Built 2026

Spaces For Lease

at 5615 Wallace Road Panama Contact us

5615 Wallace Road

Size
3,200 SF
Lease Type
NNN
Contact us
Listing Agency: Five Bridges Real Estate Services Co.
Listed By: Anna Branch
Source: Thebrokerlist
Added: Jul 26 Changed: Sep 2 Last Checked: Sep 13 at 4:03AM

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 Five Bridges Real Estate Services Co.

Investment Insights

Based on property information with market context.

Newly constructed warehouse and office facility offers approximately 2,500 SF of warehouse space and 700 SF of air-conditioned office space. The building includes three 12' x 12' overhead doors, three-phase power, 14' eave height, and 16' clear height at the peak.

An approximately 200' x 200' outdoor laydown yard supports equipment, fleet parking, material storage, and contractor operations. The property is semi-truck accessible and includes three restrooms, including one with a shower, plus City of Callaway water and sewer.

Conveniently located off major area roadways with easy access to Tyndall Parkway, Highway 22, and US Highway 98, the facility is positioned for growing industrial use in the Callaway / East Panama City corridor, with proximity to regional employers and demand centers serving the East Bay County market.

Key Highlights

  • Newly constructed 3,200 SF warehouse and office facility (YearBuilt: 2026) at 5615 Wallace Road
  • 2,500 SF warehouse plus 700 SF air‑conditioned office space
  • Three 12' x 12' overhead doors and semi‑truck accessible layout

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Pharmacy Real Estate Agency 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$10.21 /SF/Yr
Avg Asking Price
$5.87–$16 /SF/Yr
Price Range
17,907 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 - New 3,200 SF warehouse with 700 SF air-conditioned office, three overhead doors, and a 200' x 200' outdoor laydown yard.
Where is this flex space located?
The property is located at 5615 Wallace Road Panama Panama City, FL.
What are key features of this property?
This property features: Newly constructed 3,200 SF warehouse and office facility (YearBuilt: 2026) at 5615 Wallace Road; 2,500 SF warehouse plus 700 SF air‑conditioned office space; Three 12' x 12' overhead doors and semi‑truck accessible layout
More about this property
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