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2131 East Ave N
Panama City, FL 32405
PACK-IT-UP SELF STORAGE · Specialty Property For Sale
·
31,770 SF
Investment Highlights
- Significant land for expansion included in the sale
- Opportunity to add value through improving economic occupancy, and implementing a tenant insurance program
- Very sticky tenant base with 86% of the customers renting their units for over 3 years
- Excellent visibility with frontage and access from State Highway 389, which sees over 11,800 VPD
- Substantial upside in asking rents relative to surrounding competition, with current asking rates 11-27% below market on average
Property Facts
| Property Type | Specialty | Building Size | 31,770 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 2003 |
| Lot Size | 7.65 AC | Parking Ratio | 1.42/1,000 SF |
| Zoning | C-3A | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 7.65 AC |
| Building Size | 31,770 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | C-3A |
Property Taxes
| Parcel Number | 14660-120-000 | Improvements Assessment | $2,403,434 |
| Land Assessment | $348,075 | Total Assessment | $2,751,509 |
Property Taxes
Parcel Number
14660-120-000
Land Assessment
$348,075
Improvements Assessment
$2,403,434
Total Assessment
$2,751,509
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