Industrial Flex Warehouse with Roll-Up
For Sale
$1,147,000
7514 Holley Wood Road, Panama City Beach, FL 32408
CommercialSale, Panama City Beach, FL
Property Size5,040 SF
Lot Size0.30 Acres
Price / SF$227.58
Days on Market8
Property Features for 7514 Holley Wood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial Light
Subdivision
Beach Business Park
Lot features
Cleared, Landscaped
Elementary school
Patronis
Middle school
Surfside
High school
Arnold
Directions
From Hathaway Bridge, travel south down Thomas Dr, turn right (west) on McElvey Rd, at 4-way stop turn right on Holley Ln, Beach Business Park will be on your left.
Standard status
Active
APN
27905-150-110
Size
5,040 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
BEACH BUSINESS PARK LOT 22 ORB 4382 P 2001
Legal Description
BEACH BUSINESS PARK LOT 22 ORB 4382 P 2001
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Amenities
ADA restrooms
Building Details
Year built
2021
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Counts Real Estate Group Inc
(850) 249-1414
Listed By:
Jason Smoker · License #3108335
(850) 866-3848
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 6 at 7:06PM
MLS# 796011
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,040-square-foot flex warehouse occupies a 0.3-acre corner parcel and was built in 2021. The building has 18-foot clear-height eaves, two street-level roll-up doors measuring 12 feet wide by 14 feet high, and two ADA restrooms. Metal siding surrounds the structure, with two siding sheets providing added insulation and durability. Central electric heating and central air serve the building, and the property connects to public sewer.
Zoned C-4, designated Research and Design, the property is currently leased through January 31, 2030. The premises are occupied; visits require an appointment, and the tenant should not be disturbed.
Zoned C-4, designated Research and Design, the property is currently leased through January 31, 2030. The premises are occupied; visits require an appointment, and the tenant should not be disturbed.
Key Highlights
- 5,040 square feet on a 0.3‑acre corner lot
- 18‑foot clear‑height eaves
- Two 12‑foot‑wide by 14‑foot‑high street‑level roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,603
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,060
$872.1K
Cap Rate 7%
$622,900
$622.9K
Cap Rate 9%
$484,478
$484.5K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$70.8K $14.04/SF
− Vacancy
−$3.7K −$0.73/SF
EGI
$67.1K $13.31/SF
− OpEx
−$23.5K −$4.66/SF
NOI
$43.6K $8.65/SF
Area
Bay County, FL
Vacancy
5.20%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,060
Cap Rate 7%
$622,900
Cap Rate 9%
$484,478
Alternative Uses
Best Use
Flex RnD
$622.9K
$545.0K – $726.7K
NOI $43,603 @ 7.0% cap · market cap 3.80%
Second Best
Warehouse
$545.4K
$477.2K – $636.3K
NOI $38,176 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,794 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32408, FL
17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - C-4 zoning and a lease extending through 2030 support a range of commercial operations.
Where is this flex space located?
The property is located at 7514 Holley Wood Road Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,147,000.
What are key features of this property?
This property features: 5,040 square feet on a 0.3‑acre corner lot; 18‑foot clear‑height eaves; Two 12‑foot‑wide by 14‑foot‑high street‑level roll‑up doors
