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Property profile & analytics
FOR SALE
Distribution centers

1907 Sherman Ave Panama City, FL 32405

780 SF Built 1964
Property ID
US18-3061902
Property summary
AI-generated overview

This exceptional 780-square-foot warehouse, situated on a spacious 0.809-acre lot (35,283.6 sq ft), presents a compelling investment opportunity in Panama City, Florida's thriving industrial zone. Built in 1964, the property is ideally located on Sherman Avenue in Bay County, benefiting from high visibility and convenient access with an average daily traffic count of 5,000 vehicles. The warehouse includes a functional office space divided into two rooms, perfect for administrative needs and client meetings. A large garage area provides ample space for storage or manufacturing operations. Further enhancing its versatility, the property also features a substantial pole barn, offering additional storage or workspace. This property is zoned for industrial use and represents a rare chance to acquire a well-located and adaptable space in a dynamic market. All information is deemed reliable but not guaranteed; buyers are advised to independently verify all measurements and details. The asking price for this exceptional property is $300,000. The zip code is 32405.

Property profile
Verified
Property type Distribution centers
Year built 1964
Total area 780 SF
UPID US18-3061902
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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