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    4001 23Rd St Panama City, FL 32405

    Sponsored
    For Lease
    $18 SF/Yr

    Panama City, FL Office Suite Available

    Lot size:
    29,826 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,250 square foot office space is available for lease within the Comcast Building, located at 4001 W 23rd St, Panama City, FL 32405. Situated on a 2.8-acre lot, this single-story, 29,826 square foot building offers a versatile space ideal for various office uses, including executive, creative, traditional, medical, or coworking. Built in 2009 and recently renovated in 2024, the property boasts a 10-foot ceiling height and is equipped with single-phase 400-amp power. The space is divisible for long-term tenants with strong credit, and the landlord is willing to subdivide to accommodate specific needs. The building features prominent signage opportunities, including top placement on the monument sign. This location is zoned General Commercial (GC-1 Panama City), offering flexibility for a range of businesses. While there are four suites in total, this particular 6,250 square foot space is currently vacant and located at the south end of the building. The property is conveniently located near Drummond Avenue in the Panama City submarket of Bay County. Please allow at least 24 hours' notice for showings. As-built floor plans are available upon request. The previous tenant, Comcast/Xfinity, has vacated the premises.

    Property Features for 4001 23Rd St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,826 SF
    Class
    C
    Total Rate
    44739

    Building Details

    Year Built/Renovated
    2009/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,245 SF
    Rate per SF
    $18

    HighLights

    • 6,250 SF available for lease in the Comcast Building, West 23rd Street.
    • Space located at the building's south end; landlord will subdivide for qualified tenants.
    • Previously occupied by Comcast/Xfinity; suitable for office or retail use.
    • As‑built plans available; building and monument signage opportunities.
    • 24‑hour notice required for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Cancer Society Non-Profit Organization Enhabit Home Health Home Health Care Service Tropic Winds HOA Condominium Complex

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -85.7104715
    Latitude
    30.1890284

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    FAQs

    What type of property is this?
    Coworking space - Panama City, FL Office Suite Available
    Where is this coworking space located?
    The property is located at 4001 23Rd St Panama City, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 6,250 SF available for lease in the Comcast Building, West 23rd Street.; Space located at the building's south end; landlord will subdivide for qualified tenants.; Previously occupied by Comcast/Xfinity; suitable for office or retail use.
    Request Owner's contact information
    4001 23Rd St Panama City, FL 32405
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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
    4001 23Rd St Panama City, FL 32405
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