For Sale
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Property summary
This exceptional Panama City, FL commercial property offers 21,184 square feet of versatile space situated on a 2.5-acre lot. The building, fully renovated after hurricane damage, boasts a new 24-gauge standing seam metal roof and a durable red iron clear span beam construction, facilitating easy interior modifications. The expansive interior features multiple reception areas, executive offices, and a kitchenette. Its open floor plan is ideal for a wide range of businesses. A significant advantage is the separate entrance on the left side, offering potential for subletting. Ample parking is provided, with 4 spaces per 1000 square feet and room for expansion. All utilities are readily accessible, and the open roof design allows for future modifications. The property is zoned for mixed use. The building comprises two distinct areas: a main space of 18,385 square feet and a smaller area of 2,799 square feet, each with its own entrance. While the owner prefers to lease the entire space, a sublease of the smaller area may be considered, contingent upon installation of a separate HVAC system. This presents a unique opportunity for a variety of commercial ventures.
Property profile
VerifiedCap rate & NOI
Current use
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Event Planning
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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 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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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
