400 16th St Panama City, FL 32405-5456
- Warehouses
- 6,000 SF
- 0.90 lot acres
Current Use by Public Records
- RSAE Labs Inc. / Corporate Office
Property Details for 400 16th St
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 0.90 lot acres
- Property size
- 6,000 SF
- Zone code
- PC09
- Property type
- Warehouses
- APN
- 14461-000-000
- APU
- 14461000000
Description
This exceptional property at 400 E 16th Street presents a unique opportunity for a single tenant seeking a combined office and warehouse space. The property encompasses approximately 7,415 square feet, strategically divided into a 6,000 square foot, two-story office building and a 2,415 square foot warehouse. The building is described as move-in ready, eliminating the need for extensive renovations or upgrades. The significant advantage of this property lies in its expansive lot size, offering approximately one acre of yard space. This generous outdoor area provides ample room for storage, employee parking, or future expansion. The location is highly desirable, boasting convenient access to major transportation arteries, including US-98 and Highway 231. The property is secured by a gated entrance, ensuring privacy and security. The property is designated as a Special Purpose property with single tenancy. The parcel number is 14461-000-000. This combination of office and warehouse space, ample yard space, and strategic location makes this property an ideal choice for a variety of businesses seeking a functional and convenient workspace. The property is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $215,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $289,000
Market price range: $134k - $411k
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Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.6563
- Latitude
- 30.1774
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA