247 Highway 22 A Panama City, FL 32404
For Sale
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High-Visibility Commercial Building in the Heart of Bay County Excellent opportunity to own a 2,768 square foot commercial brick building situated on a large .446-acre corner lot offering easy access and outstanding exposure. Located on a high-traffic roadway with an estimated 8,099 vehicles per day, this property delivers prime visibility in the heart of Bay County. The site provides ample existing parking with abundant room for additional parking, building expansion, or added warehouse space. The building has long operated as a well-established animal hospital and features an entrance lobby, multiple exam rooms, offices, break room, two bathrooms, and boarding rooms. The versatile layout allows for a wide range of potential uses, including medical or dental office, HVAC, plumbing, electrical, or other professional or service-based businesses. Property improvements include two HVAC units, a tankless water heater, and a commercial-grade Generac Guardian generator. The roof and HVAC systems were replaced in 2019, offering peace of mind for a new owner. This is a turn-key commercial building offered at a fantastic price—ready for your business to move in and grow.
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Callaway Animal Hospital Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.