3416 Us-98 Panama City, FL 32401
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 3416 Us-98
- Year built
- 1989
- Lot size
- 1.40 lot acres
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 7,000-square-foot flex space offers a prime location at the corner of Highway 98 and Deer Avenue in the St. Andrews submarket. Situated on approximately 1.4 acres, this single-tenant property boasts excellent visibility and accessibility. Built in 1989 and renovated in 2019, the building features a 16-foot peak ceiling height in the warehouse area, with 14-foot eaves. The space includes approximately 1,600 square feet of finished first-floor office space and an additional 800 square feet of mezzanine office and storage. Two grade-level roll-up doors (10'x10' and 14'x14') provide convenient access, complemented by ample parking with 32 spaces. The property is fully secured with 8-foot fencing and roller gates, ensuring security and peace of mind. The property enjoys highway frontage of 140 feet on Highway 98 and 240 feet on Deer Avenue. The zoning is commercial, and the property features three-phase power. The building is a single-story structure. The asking rent is $15.00 per square foot, NNN, with estimated net operating expenses of approximately $2.75 per square foot. This property is less than 1.3 miles from the Hathaway Bridge, offering convenient access to major transportation routes. This is an ideal opportunity for a business seeking a well-maintained, highly visible flex space with excellent features and ample parking.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.706
- Latitude
- 30.1808
