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$2,350,000
Est. payment /mo
1.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 776126
HOA Y/N No
Year Built 2005
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Other
Property Description
Incredible Investment Opportunity! This income-producing commercial property features three freestanding buildings situated on a high-visibility corner lot along N Tyndall Parkway in Panama City, FL. Generating a Net Operating Income of $162,000 annually, this fully leased property offers immediate cash flow and long-term value.Positioned in a high-traffic corridor with strong commercial activity, this property is ideal for investors seeking stable returns or a 1031 exchange. Tenants enjoy excellent access, on-site parking, and prime frontage on one of the area's busiest thoroughfares. Zoned for flexible commercial use, this property is minutes from Tyndall Air Force Base, Walmart, and numerous national and local retailers. This Sale consists of Three Parcels.Don't miss this rare chance to own a high-performing asset in a rapidly growing market.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Cooling Multi Units
Fireplace No
Building
Entry Level One
Level or Stories One
Schools
Elementary Schools Callaway
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 14918-000-000
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Listed by Think Real Estate