Property summary
Prime Commercial Property Near Downtown - 10 Bedrooms, 8 Baths, Over 3, 000 Sq. Ft. Exceptional opportunity to own or invest in a spacious commercial building offering over 3, 000 square feet on a 0.27-acre lot, ideally located just minutes from Downtown, major shopping centers, and the hospital. This versatile property features 10 bedrooms and 8 baths, ready to adapt to a variety of commercial or mixed-use purposes. The layout allows for private offices, client suites, or guest accommodations, complemented by generous common areas and potential on-site parking. The building's solid structure and flexible floorplan make it an excellent fit for professional offices, medical or wellness practices, boutique lodging, or assisted living. With its high-visibility location, convenient access, and ample surrounding amenities, this property offers the perfect balance of functionality and growth potential. Highlights: 3, 000+ sq. Ft. Commercial building 10 bedrooms / 8 bathrooms 0.27-acre lot with expansion or parking potential Minutes from Downtown, hospital, and shopping Ideal for office, medical, hospitality, or mixed-use Don't miss this rare opportunity to establish your business in one of the area's most convenient and thriving locations. Listing is for Both Properties 722 Martin Luther King & 722 1/2 MLK
Property profile
VerifiedCap rate & NOI
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
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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