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    2324 East Ave Panama City, FL 32405

    For Lease
    $12 SF/Yr

    Prime Panama City storage facility. Single tenant, open bay.

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,000 square foot special purpose property, located at 2324 N East Avenue in Panama City, Florida (zip code 32405), presents a unique investment opportunity. The building is a single-tenant structure, ideal for warehouse or storage uses. The property features new roll-up bay doors and entrance doors, providing convenient access for loading and unloading. It's important to note that plumbing and power are not included, offering flexibility for tenant customization. The property sits on a lot with a size of 0 square feet, according to the available records. The APN is 12800-040-000. This open bay design maximizes usable space, making it perfect for various storage or warehousing needs. The property's location in Panama City offers easy access to major transportation routes, enhancing its logistical appeal. This is a single-suite building, providing a straightforward and efficient operational layout. The property is categorized as a special purpose building, reflecting its adaptable nature for a range of storage-related businesses. This presents a blank canvas for a tenant to tailor the space to their specific requirements. Given the absence of existing plumbing and power, potential tenants have the opportunity to design and install systems that precisely meet their operational needs.

    Property Features for 2324 East Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    B3
    Size
    1,000 SF
    Rate per SF
    $12

    HighLights

    • 1,000 SF special‑purpose building at 2324 N East Ave, Panama City, FL 32405 (APN 12800‑040‑000).
    • Single‑tenant warehouse/storage building with new roll‑up and entrance doors.
    • Open bay design maximizes usable space.
    • Convenient location with easy access to major transportation routes.
    • Plumbing and power not included; allows for tenant customization.
    Property Profile Location Intelligence

    Current Use by Public Records

    Epic Wraps Vehicle Wrapping Service

    Suggested Use

    Realty agency Law Firm Restaurant Clothing Store Building Supply Accounting Firm Daycare Center Auto Repair Shop Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6244972
    Latitude
    30.1903642

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    FAQs

    What type of property is this?
    Specialty property - Prime Panama City storage facility. Single tenant, open bay.
    Where is this specialty property located?
    The property is located at 2324 East Ave Panama City, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF special-purpose building at 2324 N East Ave, Panama City, FL 32405 (APN 12800-040-000).; Single-tenant warehouse/storage building with new roll-up and entrance doors.; Open bay design maximizes usable space.
    Request Owner's contact information
    2324 East Ave 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
    2324 East Ave Panama City, FL 32405
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