$700,000
Panama City, FL 32404
MLS# 606835
Status: Sold
27280 sqft
1 / 7
Property Description
This 278 unit mini-storage facility encompasses approximately 27,280 square feet of structure, is situated on approximately 2 acres and is located 2.7 miles west of Tyndall AFB, Florida. The location is near the NE corner of S. Tyndall Parkway and Boat Race and offers a traffic count of 19,300 cars per day on the parkway and 5,700 cars per day on Boat Race Road. The facility includes a rental office and security is designed for 24 hour access with proper lighting and fencing. Occupancy rates for all storage facilities in the area indicate outstanding potential for this project to achieve necessary revenues and realize appropriate returns with attentive management. Market demand is highly influenced by the economic impact of Tyndall Air Force Base which provides more than $1 Billion
Details
Maps
Contract Info
List Price/SqFt: 32.81
List Date: 2013-03-01
List Price: $895,000
Current Price: $700,000
Sub-Type: Other
Location
Sub Area: 0202 - Bay - Central SE
Lot: L6,7,8
Block: BLK 4
Community/Resort: None
Business Name: CREWS STORAGE AND MO
Section: 18
Directions: From Tyndall Parkway, turn east onto Boat Race Rd. The subject property is on the North side of Boat race road near the NE corner of the intersection near Express Lane service station.
Township: 4S
Range: 13W
Area: 02 - Bay County - Central
Street #: 5701
Street Name: Boat Race
Street Suffix: Road
State: FL
Zip Code: 32404
County: Bay
Subdivision: Mashburns 1 Add To Parker
Parcel ID: 07169-000-000
Legal Description: MASHBURNS 1ST ADD TO PARKER LOTS 6,7,8 LESS RD R/W BLK 4 ORB 1477 P 66 ORB 2502 P 1247 (132B3) ORB 2928 P 1005
General Property Info
List Class: Other
Acreage: 2
Immediate Occupancy: No
Construction Status: Construction Complete
Frontage Ft: 300
SqFt Tot Bldg: 27280
Year Built: 1988
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: This 278 unit mini-storage facility encompasses approximately 27,280 square feet of structure, is situated on approximately 2 acres and is located 2.7 miles west of Tyndall AFB, Florida. The location is near the NE corner of S. Tyndall Parkway and Boat Race and offers a traffic count of 19,300 cars per day on the parkway and 5,700 cars per day on Boat Race Road. The facility includes a rental office and security is designed for 24 hour access with proper lighting and fencing. Occupancy rates for all storage facilities in the area indicate outstanding potential for this project to achieve necessary revenues and realize appropriate returns with attentive management. Market demand is highly influenced by the economic impact of Tyndall Air Force Base which provides more than $1 Billion
Status Change Info
Sold Price/SqFt: 25.66
Sold Price/Acre: 350000
Status: Sold
Under Contract Date: 2014-07-12
Sold Date: 2014-08-22
Sold Price: $700,000
Construction/Siding
Floor - Concrete: 1
Siding - Metal: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Commercial: 1
Utilities
Electricity - Availabile: 1
Phone - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Waterfront Feature
Waterfront Feet: 290
Business/Property
Bus Est Five or More Yrs: 1
Office Area: 1
Restrooms - Private: 1
Sign: 1
Heating/Cooling
AC - Office: 1
Heat - Office: 1
Offering Type
Business Name: 1
Real Estate: 1
Sale Only: 1
Pricing Type
Sale Price: 1
Transport. Access
2-Lane: 1
City Road: 1
Property Features
Financing: Cash; Conventional
Offering Type: Business Name; Real Estate; Sale Only
Pricing Type: Sale Price
Present Zoning: Commercial
Sale Type: As Is
Utilities: Electricity - Availabile; Phone - Connected; Water Connected
Supplements
in economic impact to the County. The base is scheduled to receive an F-22 combat squadron in early 2014 which will yield an influx of approximately 900 additional personnel to the area. Timing for this acquisition could not be better. Call today to schedule a site inspection.
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October - 03 - 2024
Information deemed reliable but not guaranteed.