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Property profile & analytics
OFF-MARKET
Specialty properties

1108 School Ave Ave Panama City, FL 32401

6,702 SF Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2005
Total area 6,702 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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