Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1040 W 15Th St Panama City, FL 32401

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1040 W 15Th St Panama City, FL 32401


    • Outlet malls
    • 5,026 SF
    • 0.86 lot acres
    Panama City Commercial Corner Parcel For Sale
    $959,900
    5,026 SF

    Panama City Commercial Corner Parcel

    Large commercial parcel on a main corridor to the beaches.

    1040 W 15th Street, Panama City, FL 32401
    View Listing
    Property ID
    US18-3390680
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Morales Pine Straw / Agricultural Supply / Garden Center
    • Antojitoslatinos1.LLC / Grocery & Convenience Store / Specialty Food Shop
    • Alamo Auto Sales / Car Dealership
    • Panhandle Gun & Pawn / Discount Store / (Bike/Boat/Book/etc) Store

    Property Details for 1040 W 15Th St

    Year built
    1977
    Construction
    STEEL FRAME
    Lot size
    0.86 lot acres
    Property size
    5,026 SF
    Zone code
    PC09
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    13799-000-000
    APU
    13799000000

    Description

    This exceptional retail property at 1040 W 15th Street in Panama City, Florida, presents a compelling investment opportunity. Boasting a substantial 5,026 square feet, the building was constructed in 1977 and sits on a generous 0.86-acre (37,461.6 sq ft) corner lot, strategically positioned along a major thoroughfare connecting Highway 231 to the beaches. The property benefits from high visibility and convenient access. Currently configured as a retail store, the space includes approximately 3,631 square feet of heated and cooled area, supplemented by a large covered storage area at the rear. Ample parking is provided with 20 spaces. The lot itself is fenced, measuring approximately 125 feet by 125 feet, offering additional potential for expansion or outdoor uses. The property is zoned GC-2 and enjoys a prime location adjacent to a major anchor tenant, U-Haul, ensuring consistent traffic flow. Its depth of approximately 300 feet by 125 feet provides significant flexibility for future development. This location is poised for continued growth and is unaffected by upcoming overpass construction, making it a secure and promising investment. The asking price is $879,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $775,000
      Current use
      COMMERCIAL (GENERAL)
      $735,000
      Change: -6% Conversion: Easy
      MEDICAL BUILDING
      $635,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6772
    Latitude
    30.1758
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,987
    $386,250
    $89,159
    $475,409
    -
    $386,250
    $89,159
    $475,409
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message