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2726 E 15th St - Stow Pros Self-Storage + Commercial Parcel 16,600 SF Specialty Building Offered at $1,351,000 in Panama City, FL 32405
Investment Highlights
- Strategically Positioned Self-Storage Portfolio: Self-storage and commercial parcel portfolio located in Panama City
- Upside Potential: Unlock value through increasing marketing efforts to improve physical occupancy and stabilize the facility
- Expansion Opportunity: Vacant land is available, offering the opportunity for construction of self-storage units or parking spaces
- Centrally located and offering convenient access to regional hubs, including Tallahassee (105 miles), Pensacola (101 miles), and Destin (52 miles)
- Diverse Inventory: 112 Total units | ±16,600 Combined Gross SF | Diversified unit mix of traditional drive-up self-storage units
- Desirable Location: Strategically located near Tyndall Air Force Base, driving population and economic growth
Executive Summary
Current Cap Rate (Self-Storage): 6.00%
Year 1 Cap Rate (Self-Storage): 7.00%
Addresses: 2726 & 2732 East 15th Street, Panama City, FL 32401
Year 1 Cap Rate (Self-Storage): 7.00%
Addresses: 2726 & 2732 East 15th Street, Panama City, FL 32401
Property Facts
| Price | $1,351,000 | Building Class | B |
| Price Per SF | $81.39 | Lot Size | 1.26 AC |
| Sale Type | Investment | Building Size | 16,600 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2002 |
| Zoning | C3A | ||
| Price | $1,351,000 |
| Price Per SF | $81.39 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.26 AC |
| Building Size | 16,600 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Zoning | C3A |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15321-000-000 | Improvements Assessment | $394,455 |
| Land Assessment | $219,414 | Total Assessment | $613,869 |
Property Taxes
Parcel Number
15321-000-000
Land Assessment
$219,414
Improvements Assessment
$394,455
Total Assessment
$613,869
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2726 E 15th St - Stow Pros Self-Storage + Commercial Parcel
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