230 N Tyndall Pky - Office FOR SALE


Panama City, FL 32404
$2,400,000 USD
850-913-9133
230 N Tyndall Pky, Panama City, FL for Sale
$2,400,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

230 N Tyndall Pky
Panama City, FL 32404


HIGHLIGHTS

  • Formerly leased by the State of Florida
  • Dedicated access via shared drive (no direct road frontage)
  • Adjacent to 210 N Tyndall Parkway

OVERVIEW

Positioned on U.S. Hwy 98 (Tyndall Parkway), this property offers direct east–west access to downtown Panama City (approximately 4.5 miles west) and sits roughly 4 miles north of Tyndall Air Force Base. Surrounded by regional retail, medical campuses, and professional services, the site benefits from strong daytime traffic. Flood Zone X designation and COM-1 zoning provide for minimal risk and maximum flexibility.Property Highlights230 Tyndall Parkway is a 20,000 SF steel-frame office asset, formerly leased by the State of Florida, built in 2008 on a 1.95-acre campus. Its efficient, rectangular floorplate accommodates open-plan workstations or private-suite configurations and is fully equipped with network-ready infrastructure, central HVAC, and commercial-grade finishes. While 230 Tyndall Parkway does not have direct road frontage, it enjoys dedicated access via the shared drive off Tyndall Parkway and ample surface parking for employees and visitors. The property is offered for sale or lease, making it ideal for owner-users, investors seeking a near-turnkey office solution, or developers exploring adaptive reuse opportunities. Adjacent to this asset is 210 Tyndall Parkway, a 16,000 SF office building with prominent Tyndall Parkway frontage, also available for sale or lease. Together, the contiguous 36,000 SF campus provides a unique opportunity for single-site management, coordinated branding, and expanded redevelopment potential.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

COM-1

APN/PARCEL ID

06092-020-000

ASK ABOUT THIS PROPERTY

Kevin WattenbargerWattenbarger Commercial | Five Bridges Real EstateMore Info
850-913-9133

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Kevin WattenbargerWattenbarger Commercial | Five Bridges Real EstateMore Info
850-913-9133

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