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    271 Star Ave Panama City, FL 32404

    Sponsored
    For Lease
    $15 SF/Yr

    1500 sq ft Industrial Warehouse

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This newly constructed, single-tenant warehouse, totaling 1,500 square feet, offers a prime location just minutes from Tyndall Air Force Base, with easy access to Highway 231. The unit boasts a 14-foot high by 12-foot wide overhead door, enhancing ease of loading and unloading. For added convenience and ventilation, the property includes personnel doors at both the front and rear. Private restrooms are included within the unit for employee use. The warehouse features a 17-foot clear ceiling height, providing ample vertical space for storage or operations. Individual electric meters allow for precise cost control. Tenants are responsible for their pro-rata share of common area utilities. The property is part of a larger complex, offering the potential for expansion or synergy with other businesses in the area. This is an excellent opportunity for businesses seeking efficient, well-located industrial space near Tyndall Air Force Base. The property is identified by APN 06463-030-000. The lot size is not specified. The building is a single-story structure.

    Property Features for 271 Star Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $15

    HighLights

    • 1,500 SF single‑tenant warehouse.
    • Recently constructed industrial building near Tyndall AFB with easy Highway 231 access.
    • Features a 14' x 12' overhead door, front and rear personnel doors, and private restrooms.
    • Separately metered electricity for cost control.
    • 17' clear height.
    • Tenant pays pro‑rata share of common area utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ardamas Fleet Services Truck Repair Shop Apex Power Pros Electrician PDR Mobile Auto ... Auto Dent Removal Service Humble House Thrift ... Thrift Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.5662482
    Latitude
    30.1517049

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    FAQs

    What type of property is this?
    Distribution property - 1500 sq ft Industrial Warehouse
    Where is this distribution property located?
    The property is located at 271 Star Ave Panama City, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,500 SF single-tenant warehouse.; Recently constructed industrial building near Tyndall AFB with easy Highway 231 access.; Features a 14' x 12' overhead door, front and rear personnel doors, and private restrooms.
    Request Owner's contact information
    271 Star Ave Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    271 Star Ave Panama City, FL 32404
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