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Panama City Storage Portfolio 2 Specialty Properties Offered at $3,490,000 in Panama City, FL
Investment Highlights
- Assumable Loan - 5% Interest Only
- Panama City – Panama City Beach metro area: estimated population of 226,221 in 2024, reflecting a 3.8% growth over the previous year
- Combined daily traffic counts exceed 40,000 vehicles (Frankford: 8,900+ VPD, Stow Pros: 31,000+ VPD)
Executive Summary
Assumable Laon 5% Interest Only! SVN is pleased to present a two-property self storage portfolio located in the growing market of Panama City, Florida. The portfolio includes Frankford SelfStorage, a 225-unit facility with approximately 27,000 NRSF situated on 1.9 acres at 1717 Frankford Avenue. This property features an onsite office, gated entry, and is fully fenced with an automatic gate. The second facility, Stow Pros Self Storage, is located at 2726 15th Street and offers 112 units with approximately 10,000 NRSF on 1.26 acres, along with gated entry and secured fencing. Both properties are located in high-traffic areas with strong surrounding residential density. This value-add portfolio offers a great opportunity for investors looking to enter the self storage space or expand their existing footprint in a desirable Florida market.
Property Facts
| Price | $3,490,000 | Number of Properties | 2 |
| Price / SF | $65.60 / SF | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 53,200 SF |
| Status | Active | Total Land Area | 3.84 AC |
| Price | $3,490,000 |
| Price / SF | $65.60 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 53,200 SF |
| Total Land Area | 3.84 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pilcher Self-Storage Center
1717 Frankford Ave, Panama City, FL 32405 |
Specialty | 37,000 SF | 1978 | $2,300,000 |
|
Maharaj Storage LLC
2726 E 15th St, Panama City, FL 32405 |
Specialty | 16,200 SF | 2002 | $1,350,000 |
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Contacts
-
Doug Wilson -
Kristen Asman -
Michael Carro -
Kateleigh Calloway -
SVN | Wilson Commercial Group, LLC
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Panama City Storage Portfolio
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