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Property profile & analytics
OFF-MARKET
Distribution centers

1137 17Th St Panama City, FL 32405

640 SF Built 1989
Property ID
US18-2706027
Property summary
AI-generated overview

This exceptional investment opportunity presents a 640-square-foot warehouse situated on a substantial 0.5-acre lot (21,780 square feet) in Panama City, Florida. Located at 1137 E 17th Street, zip code 32405, this property is zoned for light industrial use, offering significant potential for various business ventures. The single-story building, constructed in 1989 with significant renovations resulting in an effective build year of 1999, has been stripped to the studs, providing a blank canvas for customization. Features include newer windows and a newer roof, minimizing upfront renovation costs. The property boasts a fenced perimeter and a partially cleared lot, enhancing its functionality and appeal. The asking price for this remarkable property is $299,900. This is an ideal opportunity for entrepreneurs seeking a versatile space in a prime Panama City location. The property's size and zoning provide ample room for expansion or adaptation to suit specific business needs. Its strategic location within Bay County, Florida, offers easy access to transportation routes and local amenities. Don't miss this chance to acquire a well-positioned industrial property with significant upside potential.

Property profile
Verified
Property type Distribution centers
Year built 1989
Total area 640 SF
UPID US18-2706027
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
Current use
Occupant on record · Public records
  • Xpress Remodeling & Construction Llc General Contractor
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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