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Property profile & analytics
OFF-MARKET
Office Spaces

416 Jenks Ave Panama City, FL 32401-2626

2,784 SF 0.26 ac lot Built 1952
Entity Owned ~ Est. High Equity
Property ID
US18-5238475
Property summary
AI-generated overview

This exceptional 2,784 square foot commercial property, located at 416 Jenks Avenue in Panama City, Florida (zip code 32401), presents a unique investment opportunity. The building, constructed in 1982, sits on a 0.257-acre lot and is currently available as a single-tenant space with approximately 2,700 square feet vacant. Its versatile design, suitable for medical office, traditional office, retail, or restaurant use, offers significant flexibility for prospective tenants. The interior features non-load bearing walls, allowing for customizable layouts ranging from open floor plans to heavily demised spaces. The property benefits from convenient on-site parking, a significant advantage in the vibrant downtown area. Its prime location places it within easy walking distance of Hotel Indigo, various dining options, retail shops, art galleries, and numerous other businesses. This makes it an ideal location for businesses seeking high visibility and accessibility. A tenant improvement allowance of $22 per square foot is available, further enhancing the attractiveness of this property. The property's adaptability, combined with its desirable location and generous tenant improvement allowance, makes it an exceptional opportunity for a variety of commercial ventures.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,784 SF
Lot 0.26 ac (11,200 SF)
Zoning code PC10
APN 19592-000-000
UPID US18-5238475
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
  • St Andrew Bay Land Co Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
416 Jenks LLC
416 Jenks LLC
since 2025
Last sale
$475,000
3 recorded transactions
2025
$475,000
2017
$225,000
1998
$84,800
Zoning & alternative use
PC10 · Panama City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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