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2201 Sherman Ave
Panama City, FL 32405
Industrial Property For Sale

Investment Highlights

  • 30,000± SF Warehouse With Improvements Constructed New From the Slab Up
  • 4.0± Acres Available for Outside Storage or Truck Parking
  • Strategic Central Bay County Location With Direct Access to Highway 231 and Highway 98
  • 28 Dock-High Doors Plus Three Additional Dock Positions on a Uniform Loading Platform
  • 18’ Eave Heights and 21’ Ridge Heights Supporting Efficient Racking and Stacking
  • Bay County Industrial-2 Zoning Allows For Nearly All Industrial & Distribution Uses

Executive Summary

This 30,000± SF newly constructed warehouse is purpose-built for efficient distribution and long-term performance. The facility features 28 dock-high doors, three additional dock positions on a uniform loading platform, and 10 grade-level doors - providing exceptional flexibility for a wide range of logistics and industrial operations.
Situated on a site with up to 4.0± acres of additional land available for outside storage or truck parking, the property benefits from Bay County’s flexible Industrial-2 zoning, allowing for scalable operations and future expansion. The building is designed for multi-tenant or single-user functionality, with three divisible bays, each equipped with new restrooms and infrastructure to support further buildout as needed.
Clear heights of 18’ at the eaves and 21’ at the ridge, combined with reinforced concrete slabs, support efficient racking, storage, and heavy use. The corner lot configuration provides excellent truck ingress and egress, enhancing circulation and operational flow.
Strategically located in central Bay County, the property offers immediate access to Highway 231 and Highway 98, enabling efficient regional connectivity. Estimated completion: July 2026.

Property Facts

Sale Type Investment or Owner User
Cap Rate 9.02%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Truck Terminal
  • FlexLight Distribution
Building Class B
Lot Size 5.86 AC
Rentable Building Area 30,000 SF
No. Stories 1
Year Built 2026
Parking Ratio 0.03/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 31
No. Drive In / Grade-Level Doors 10
Zoning IND-2 - Bay County Industrial-2 Zoning Flexible Bay County Industrial-2 zoning allowing warehousing, distribution, manufacturing, and outside storage.

Amenities

  • 24 Hour Access

Property Taxes

Property Taxes

Parcel Number
14659-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$29,625
  • Listing ID: 40444462

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 2201 Sherman Ave, Panama City, FL 32405

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