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    12202 Hutchison Blvd Panama City Beach, FL 32407-3430
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    Property profile & analytics

    12202 Hutchison Blvd Panama City Beach, FL 32407-3430


    • Office properties & Spaces
    • 4,044 SF
    • 2.94 lot acres
    Off-Market
    Property ID
    US18-9147611
    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
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 12202 Hutchison Blvd

    Year built
    1992
    Construction
    WOOD
    Lot size
    2.94 lot acres
    Property size
    4,044 SF
    Zone code
    PCB02
    Property type
    Office properties & Spaces
    APN
    34034-070-000
    APU
    34034070000

    Description

    This exceptional 7,500-square-foot industrial property, located at 12202 Hutchison Blvd in Panama City Beach, Florida, presents a unique opportunity for businesses seeking a versatile and strategically located space. The single-tenant building, constructed in 1992 and classified as Class B, sits on a substantial 135,203-square-foot lot. The property features a flexible open-bay warehouse design, perfectly suited for a variety of industrial and commercial uses. Access is facilitated by six grade-level, 12-foot overhead roll-up doors, ensuring efficient loading and unloading. The interior boasts modern upgrades, including bright LED lighting for energy efficiency, and a 600-square-foot office area provides ample space for administrative needs. Three ADA-compliant restrooms are also included. Zoned PCB02, this Panama City Beach location offers easy access to major roadways and the surrounding community. The estimated annual common area maintenance (CAM) and operating expenses are $2.78 per square foot. This property is ready for immediate occupancy. The property's central location within Bay County, Florida, and its zip code is 32407.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $944,000
      Market price range: $217k - $944k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,010,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8274
    Latitude
    30.1956
    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
    $17,507
    $476,928
    $940,287
    $1,417,215
    -
    $476,928
    $940,287
    $1,417,215
    More about this property
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