21929 Panama City Bch Pkwy Panama City Beach, FL 32413-3219
- Retail properties
- 10,260 SF
- 1.18 lot acres
Current Use by Public Records
- Retail properties
Property Details for 21929 Panama City Bch Pkwy
- Year built
- 2019
- Construction
- STEEL FRAME
- Lot size
- 1.18 lot acres
- Property size
- 10,260 SF
- Zone code
- BC05
- Property type
- Retail properties
- APN
- 35357-026-000
- APU
- 35357026000
Description
This exceptional 5,700 square foot special purpose property, located at 21929 Panama City Beach Parkway in Panama City Beach, Florida (zip code 32413), presents a unique leasing opportunity. Situated on a lot with dimensions not specified, the single-tenant building boasts a versatile layout ideal for a variety of businesses. The property features a well-appointed office area complete with a reception desk, a comfortable client waiting area, two private offices, and two restrooms. This seamlessly integrates with a spacious 4,700 square foot open warehouse or showroom area, perfectly suited for storage, display, or production. Three 14' x 14' overhead doors provide convenient access for loading and unloading. The property's prime location along a major highway offers excellent visibility and accessibility, making it an attractive option for businesses seeking high traffic exposure. This is a single-tenant building with no additional suites. The property's APN is 35357-026-000. This exceptional space is ready for immediate occupancy and offers significant potential for growth and success in the thriving Panama City Beach market. The property is located in Bay County, Florida.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,125,000
- 6.5%
- $3,175,000
- 7%
- $2,695,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,945,000
- Geo Method
- $3,405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,025,000
- Retail
- $3,015,000
- Mixed-Use
- $3,140,000
- Hospitality
- $3,065,000
- Educational
- $2,745,000
- Residential Income
- $2,945,000
- Energy
- $3,235,000
- Income-Based Land
- $3,075,000
- Food Service
- $2,415,000
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.9591
- Latitude
- 30.2614
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
