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    FOR SALE
    Commercial land

    922 N East Ave Panama City, FL 32401

    2,850 SF Built 1954
    Property ID
    US18-Q010691
    922 N East Ave, Panama City, FL 32401 For Sale 1 / 58
    $433,000 2,850 SF
    922 N East Ave, Panama City, FL 32401
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    Property summary
    AI-generated overview

    1 Acre +/- Prime Commercial Property with 132' Frontage on N East Ave! This property is Zoned as General Commercial 1 and currently has a 3 bedroom, 1 1/2 bath residence on site which can easily be made into an office or retail space. Property also boasts a 30'x40' metal building with underground electrical and a 400AMP 3 Phase Circuit Panel. Facility was used as a fabrication shop that currently has 50k worth of equipment (Property sells for 483k with equipment) Metal building has hurricane damage and requires new roof. There is also a 10'x12' concrete storage building located behind residence. This property has loads of potential, convenient transportation, and well-dwelling. It can be developed into a retail plaza, complex plaza, & storage building. This is a MUST SEE for your future business.

    Property profile
    Verified
    Property type Commercial land
    Year built 1954
    Total area 2,850 SF
    UPID US18-Q010691
    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
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    922 N East Ave, Panama City, FL, 32401
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