1108 School Ave Ave Panama City, FL 32401
This exceptional 6,702 square foot special purpose property, built in 2005, presents a unique investment opportunity in Panama City, Florida. Situated on a substantial 1.25-acre lot (62,290.8 sq ft), the property boasts a versatile layout ideal for a variety of uses. The building comprises approximately 1,571 square feet of office space and 5,131 square feet of warehouse space, providing ample room for operations and storage. A significant advantage is the expansive, fully secured yard, perfect for equipment storage or outdoor operations. The property is completely enclosed by a six-foot chain-link fence with three strands of barbed wire, ensuring security. Its strategic location offers easy access to downtown Panama City, Tyndall Air Force Base, Lynn Haven, and Panama City Beach, making it an attractive option for businesses seeking convenient access to major transportation routes and a diverse workforce. The asking price for this well-maintained property is $1,100,000. This represents a compelling opportunity to acquire a versatile commercial property in a thriving Florida market. The property's size, location, and security features make it an ideal investment for businesses seeking a flexible and secure space to grow.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.