Flex Space with
For Sale
$1,995,000
7811 Panama City Beach Parkway, Panama City Beach, FL 32407
C-3 General Commercial zoning and a large open interior support a range of commercial configurations.
Property Size6,392 SF
Lot Size0.62 Acres
Price / SF$312.11
Days on Market444
Property Features for 7811 Panama City Beach Parkway
General Information
Standard status
Active
Size
6,392 SF
Lot size
0.62 Acres
Property subtype
Commercial
Zoning
C-3 General Commercial
Site & Location
Traffic Count
69,718 vehicles/day
Road Access
Yes
Mixed-Use Components
retail, warehouse
Warehouse & Industrial
Warehouse Space
1,832 SF
Dock-High Doors
1
Additional Details
Business Included
Yes
Currently Operating
Yes
Property Use
Furniture Store
Amenities
roll-up door
loading dock
Building Details
Buildings
1
Building Size
6,392 SF
Construction
metal
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Christopher S McCall
(850) 249-3623
Source:
Emeraldgulfrealty
Added: Aug 6, 2025
Changed: Oct 23
Last Checked: Oct 23 at 4:59PM
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 Counts Real Estate Group Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 6,392-square-foot metal building sits on a 0.62-acre parcel and includes a spacious open area. A 1,832-square-foot warehouse has a 10' x 10' roll-up door and a ramp-high loading dock. The layout accommodates a mix of open commercial space and warehouse functions.
Fronting Panama City Beach Parkway in Panama City Beach, Florida, the property has 120 feet of frontage. The reported average annual daily traffic count is 69,718 vehicles. Bay County zoning is C-3 General Commercial.
Fronting Panama City Beach Parkway in Panama City Beach, Florida, the property has 120 feet of frontage. The reported average annual daily traffic count is 69,718 vehicles. Bay County zoning is C-3 General Commercial.
Key Highlights
- 6,392‑square‑foot metal building on a 0.62‑acre parcel
- 1,832‑square‑foot warehouse with a 10' x 10' roll‑up door
- Ramp‑high loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,992
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,399,840
$1.4M
Cap Rate 7%
$999,886
$999.9K
Cap Rate 9%
$777,689
$777.7K
Market Conditions
NOI Build-Up for 6,392 SF
Gross rent
$108.9K $17.04/SF
− Vacancy
−$8.9K −$1.40/SF
EGI
$100.0K $15.64/SF
− OpEx
−$30.0K −$4.69/SF
NOI
$70.0K $10.95/SF
Area
Bay County, FL
Vacancy
8.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,399,840
Cap Rate 7%
$999,886
Cap Rate 9%
$777,689
Alternative Uses
Best Use
Retail
$999.9K
$874.9K – $1.17M
NOI $69,992 @ 7.0% cap · market cap 3.51%
Second Best
Flex RnD
$790.0K
$691.3K – $921.7K
NOI $55,300 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,369 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
69,718 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catered by Carla — 606 Commerce Dr, Panama City Beach, FL 32408
- Nelson's Catering — 606 Commerce Dr b, Panama City Beach, FL 32408
Frequently Asked Questions
What type of property is this?
Flex space - C-3 General Commercial zoning and a large open interior support a range of commercial configurations.
Where is this flex space located?
The property is located at 7811 Panama City Beach Parkway Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 6,392‑square‑foot metal building on a 0.62‑acre parcel; 1,832‑square‑foot warehouse with a 10' x 10' roll‑up door; Ramp‑high loading dock
