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    OFF-MARKET
    Specialty properties

    1719 Mlk Blvd, Panama City, FL 32405

    1,083 SF Built 1956
    Property ID
    Property summary
    AI-generated overview

    This exceptional Panama City commercial property, located at 1719 MLK Boulevard, presents a rare investment opportunity. The 1,083 square foot building, constructed in 1956, features two large, newly constructed workshops, perfect for various commercial uses, and a comfortable executive office. The property sits on a substantial 50,094 square foot lot, providing ample space for operations and storage. A significant advantage is the large gravel laydown area, ideal for equipment staging or material storage. The single-story building offers convenient access and functionality. Further enhancing its appeal is deeded access to a side road, providing easy delivery and logistical efficiency. This property's strategic location in Bay County, Florida, 32405, offers excellent accessibility and visibility. The asking price for this unique commercial property is $650,000. This is a turnkey opportunity for businesses seeking a versatile and well-equipped space with significant outdoor area. Don't miss this chance to acquire a highly functional and strategically located commercial property in a thriving area.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1956
    Total area 1,083 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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