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2136 Cr-2321 - Southport Storage Facility 6,400 SF Specialty Building Offered at $449,000 in Panama City, FL 32409
INVESTMENT HIGHLIGHTS
- The secured 50-unit self-storage facility is easy to run and does not require ownership to be on-site often.
- With all the upcoming development of new housing in the area, this facility usually stays fully occupied.
- This is a great investment property with very little overhead.
- There is prominent pylon signage and easy accessibility fronting State Route 2321.
EXECUTIVE SUMMARY
No owner financing....Century 21 Commander Realty, Inc. is pleased to present the 50-unit self-storage facility for sale as a prime investment opportunity with low overhead and high occupancy potential. This well-maintained storage shed offers an excellent passive income stream with minimal management required—no need to be on-site daily.
The site is positioned in a rapidly growing area with significant new housing developments. This storage facility consistently maintains high occupancy rates, making it a smart investment for steady cash flow. Units vary in size (all measurements approximate; buyer to verify), catering to diverse storage needs.
The site is positioned in a rapidly growing area with significant new housing developments. This storage facility consistently maintains high occupancy rates, making it a smart investment for steady cash flow. Units vary in size (all measurements approximate; buyer to verify), catering to diverse storage needs.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $449,000 | Building Class | C |
| Price Per SF | $70.16 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 6,400 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Self-Storage | Parking Ratio | 0.63/1,000 SF |
| Zoning | C-3 - Commercial use allowing retail, services, and some light manufacturing | ||
| Price | $449,000 |
| Price Per SF | $70.16 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 6,400 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | C-3 - Commercial use allowing retail, services, and some light manufacturing |
ABOUT 2136 CR-2321 , PANAMA CITY, FL 32409
2136 Cr-2321 is a 6,400-square-foot, 50-unit self-storage property. It is strategically positioned and the highly visible property with pylon signage is passed by 21,600 daily drivers. Forecasts predict that the area within 1 square mile of the property will experience population growth of 7% between 2024 and 2029.
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PROPERTY TAXES
| Parcel Number | 08004-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $358,911 |
PROPERTY TAXES
Parcel Number
08004-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$358,911
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2136 Cr-2321 - Southport Storage Facility
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