2201 Sherman Ave - Warehouse FOR SALE


Panama City, FL 32405
$5,750,000 USD
850-819-0136
2201 Sherman Ave, Panama City, FL for Sale
$5,750,000 USD
Warehouse - FOR SALE
1/4
null | 9.02% Cap Rate

2201 Sherman Ave
Panama City, FL 32405


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Truck Terminal, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

31

DRIVE INS

10

PARKING SPACES

1

LAND DETAILS

LAND ACRES

5.86

LAND SF

255,262

ZONING

IND-2

APN/PARCEL ID

14659-000-000

ASK ABOUT THIS PROPERTY

Chris Clubbs, CCIMClubbs Real Estate GroupMore Info
850-819-0136

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Chris Clubbs, CCIMClubbs Real Estate GroupMore Info
850-819-0136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.