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Property profile & analytics
FOR SALE
Medical Office Space

247 Highway 22 A Panama City, FL 32404

Built 1974
Property ID
US18-Q024046
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Year built 1974
UPID US18-Q024046
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
  • Callaway Animal Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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