StoragePUP of Panama City is a strategically placed self-storage business currently comprised of 110 on-site units and 70
mobile-only units. Located at 4215 US-231 in Panama City, Florida, the property is positioned along one of the area’s primary
commercial corridors. The asset generated a $125,274 NOI in 2025.
4215 US-231 presents investors with an opportunity to acquire a cash-flowing storage property at an attractive yield relative to
traditional self-storage assets. Unlike conventional facilities, the property utilizes portable storage containers that can be
delivered directly to customers, allowing tenants to load items at their home or business. This operating model expands the
potential customer base and allows the property to serve a variety of storage needs, including residential moves, home
renovations, contractor equipment storage, and business inventory overflow. In addition to traditional mobile pods, the on-site
and mobile units also feature air conditioned CoolPUP units.
The property benefits from strong visibility and accessibility along US-231, which sees traffic counts exceeding 30,000
vehicles per day and serves as a major north–south thoroughfare through the Panama City market. Additionally, the
surrounding area continues to experience population and household growth, with nearly 10% projected population growth
within a one-mile radius over the next five years. Combined with the flexible mobile storage model, and strong roadway
exposure, StoragePUP of Panama City offers investors a differentiated storage asset positioned within the growing Florida
Panhandle market