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Property summary
The property is approximately 4.5 acres across two parcels and is zoned C3-A, which permits all uses allowed in C1 and C2 zones, including retail, transportation, and warehouse uses, with waste management also permitted except for refrigeration products and similar refrigeration storage. The zoning allows a maximum building height of 100 feet and includes setback requirements of 25 feet from 15th Street and 5 feet from the side boundaries. The site is planned to support approximately 43,615 square feet of warehouse space, consisting of four 9,100-square-foot warehouses and one 7,215-square-foot warehouse, with sufficient area for driveways, water retention, and parking. A 2,186-square-foot on-site home is present and can be remodeled for rental or used as a residence for management or oversight, or it may be removed to expand parking or warehouse footprint. There is also an existing granite retail storefront facing 15th Street that could be converted or redeveloped for retail or repurposed for an operational check-in function. Commercial properties border the site to the east and west.
Property profile
VerifiedCap rate & NOI
Current use
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Kitchen & Bath Showroom Hardware & Home Improvement
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General Contractor Renovation Specialist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Derived from the Panama City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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