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Property profile & analytics
OFF-MARKET Estimated value $510,000
Office Spaces

1337 19th St Panama City, FL 32405-4118

1,936 SF 0.52 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-8020564
Property summary
AI-generated overview

This exceptional Panama City commercial property offers 3,850 square feet of versatile space, ideal for a variety of businesses. The property features a 1,600 square foot office area with a lobby, reception, three offices, breakroom, and restrooms. An equally sized 1,600 square foot heated and cooled warehouse is currently configured as a bullpen and three storage areas, easily adaptable to additional office space. An additional 650 square feet of upper-level storage provides ample room for inventory or archives. The warehouse is framed for a 16-foot roll-up door. The property also includes approximately a quarter-acre fenced lot, perfect for material storage or a laydown yard. This prime location in Panama City offers easy access to all parts of Bay County, with convenient proximity to Tyndall AFB (25 minutes), Lynn Haven (15 minutes), and Panama City Beach (15 minutes). Tenant improvement allowances are available with acceptable lease terms. The property is also available for sale. All information is believed to be accurate, but verification is recommended. This is a fantastic opportunity to secure a valuable location in a thriving market. The building is a two-story structure with a single tenancy. The property's APN is 13822-010-010.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1998
Construction WOOD
Total area 1,936 SF
Lot 0.52 ac (22,695 SF)
Zoning code PC11
APN 13822-010-010
UPID US18-8020564
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
  • Terminix Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Panama City Health Ventures LLC · 1 yrs held
Panama City Health Ventures LLC
since 2025
Last sale
$540,000
7 recorded transactions
2025
Price N/A
2024
$540,000
2017
Price N/A
2007
$202,300
2005
$321,600
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PC11 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $415,000 +46.4%
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