2726 E 15th St - Self-Storage Facilities FOR SALE


Panama City, FL 32405
$1,351,000 USD
407-924-1408
2726 E 15th St, Panama City, FL for Sale
$1,351,000 USD
Self-Storage Facilities - FOR SALE
1/23
null | Request Cap Rate

2726 E 15th St
Panama City, FL 32405


HIGHLIGHTS

  • Strategically Positioned Self-Storage Portfolio: Self-storage and commercial parcel portfolio located in Panama City
  • Centrally located and offering convenient access to regional hubs, including Tallahassee (105 miles), Pensacola (101 miles), and Destin (52 miles)
  • Upside Potential: Unlock value through increasing marketing efforts to improve physical occupancy and stabilize the facility
  • Diverse Inventory: 112 Total units | ±16,600 Combined Gross SF | Diversified unit mix of traditional drive-up self-storage units
  • Expansion Opportunity: Vacant land is available, offering the opportunity for construction of self-storage units or parking spaces
  • Desirable Location: Strategically located near Tyndall Air Force Base, driving population and economic growth

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,351,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stow Pros Self-Storage + Commercial Parcel

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

C3A

APN/PARCEL ID

15321-000-000

ASK ABOUT THIS PROPERTY

Christopher TravisRIPCO Self-StorageMore Info
407-924-1408

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Christopher TravisRIPCO Self-StorageMore Info
407-924-1408

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