100 Aberdeen Loop

    Panama City, FL 32405
    • $1,825,000
    • STATUS: Active
    • ON SITE: 76 days
    • MLS #: 692812
    UPDATED: 80 min ago
    $1,825,000
    • 0
      BEDS
    • 2.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $570
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment opportunity with 2020 Net Operating Income of $145,128 = 8% cap rate! Currently leased to Jensen USA who recently signed a 3-year lease renewal. 21,250 sq. ft. building with 2.16 acres in Lynn Haven Commerce Park. The building includes warehouse, office, and showroom space. The showroom and office space measures +/-3,200 sq. ft. with large showroom, 3 offices, break room, ADA restrooms and large training area. The ceiling height is 20 ft. clear at the eaves and 23 ft. at the center-line. Two dock-height doors approx. 8' x 9' each and one 14' x 14' street-level door. Building is concrete block and steel frame. Minor damage from Hurricane Michael that has been repaired. The seller has replaced the steel awning over the dock-height loading well. The 5 light poles & LED lights 2/2

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    © 2020 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ResortQuest Real Estate. Data last updated: 2020-03-31T12:04:09.213.
    www.rqemeraldcoastrealestate.com/homes/102297851

    100 Aberdeen Loop Panama City, FL 32405

    • Price: $1,825,000
    • Status: Active
    • Updated: 80 min ago
    • MLS #: 692812
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.16
    Acres
    3,200
    SQFT
    $570
    $/SQFT
    2005
    Built
    Neighborhood:
    Lynn Haven Business Park
    County:
    Bay
    Area:
    Bay County-Central
    Elementary School:
    Deer Point
    Middle School:
    Mowat
    High School:
    Income Producing
    Property Description
    Investment opportunity with 2020 Net Operating Income of $145,128 = 8% cap rate! Currently leased to Jensen USA who recently signed a 3-year lease renewal. 21,250 sq. ft. building with 2.16 acres in Lynn Haven Commerce Park. The building includes warehouse, office, and showroom space. The showroom and office space measures +/-3,200 sq. ft. with large showroom, 3 offices, break room, ADA restrooms and large training area. The ceiling height is 20 ft. clear at the eaves and 23 ft. at the center-line. Two dock-height doors approx. 8' x 9' each and one 14' x 14' street-level door. Building is concrete block and steel frame. Minor damage from Hurricane Michael that has been repaired. The seller has replaced the steel awning over the dock-height loading well. The 5 light poles & LED lights 2/2
    Exterior Features

    Construction Siding BlockClear SpanClearance Height 18+ FtFloor - ConcreteFoundation - Slab On GradeRoof - MetalRoof - SlopingSiding - Metal Construction Status Construction Complete Site Description Aerials AvailableClearedCorner LocationCovenantDeed RestrictionLandscapedLevelSurvey Site Dimensions 2.16 Acres Transport Access 2-LaneCity RoadPaved

    Interior Features

    Accessibility Features Accessible Approach With RampAccessible DoorsAccessible EntranceAccessible Hallway(S) Ceiling Height 20.00 Heating Cooling Ac - CentralAc - OfficeAc - PartialExhaust FanOther - See Remarks Sq Ft Office 3200.00 Sq Ft Total Building 21250.00 Sq Ft Unit 21250.00 Sq Ft Warehouse 18050.00

    Property Features

    Commercial Features Freestanding BuildingFurnished - NoneHandicapped AccessHandicapped FacilitiesKitchen AreaOffice AreaRestrooms - PrivateRestrooms - PublicSign Commercial Sale Sub Type Mosley Community Resort None Energy Ac - 2 Or More Financing CashConventional Hoa Fee No Immediate Occupancy No List Class Industrial Occupancy Status Occupied Offering Type Other - See RemarksReal EstateSale Or LeaseSale With Lease Present Zoning CityIndustrial Light Pricing Type Sale Price Range 14W Sale Type As Is Section 14 Township 3S Utilities All UtilitiesElectricElectric 220/240Electric-3 PhaseGarbageGas - AvailablePhonePublic SewerPublic WaterTv CableUnderground

    Listing provided courtesy of Counts Real Estate Group Inc. Listing information © 2020 Central Panhandle Association of Realtors MLS.


    © 2020 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ResortQuest Real Estate. Data last updated: 2020-03-31T12:04:09.213.
     
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