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Property profile & analytics
FOR SALE
Industrial properties

1219 Transmitter Rd Panama City, FL 32401

4,162 SF Built 1964
Property ID
US19-0507175
Property summary
AI-generated overview

This 1.5± acre site is currently occupied by a construction contractor who is moving out of the Panama City market area after completion of their local contracts. Perfect for contractors looking for a site with an office building, large parking lot, and huge lay-down yard. The office building (4,162± s.f) is nicely appointed with a large reception area and conference room, eight offices, full kitchen, and 2.5 restrooms, two of which have showers. The detached shop (1,152± s.f) is partially heated cooled. This site is located north and adjacent to the new City of Springfield government complex with great visibility and easy access to U.S Hwy. 98, Business 98, and Hwy. 231 via Transmitter road.

Property profile
Verified
Property type Industrial properties
Year built 1964
Total area 4,162 SF
UPID US19-0507175
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
  • Bayside Canvas & Upholstery Furniture & Home Goods
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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