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4215 US-231 - StoragePUP of Panama City

34,435 SF Specialty Building Offered at $1,700,800 at a 7.25% Cap Rate in Panama City, FL 32404

Self Storage Facilities Florida Panama City 4215 US-231, Panama City, FL 32404

Investment Highlights

  • Seller financing available
  • 237 Units | 28,705 Gross Rentable SF | 34,435 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
  • Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall costs
  • Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8%
  • The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
  • Panama City self-storage opportunity spanning 1.48 acres, strategically located in an area with a population of 59,465 within 5-miles

Executive Summary

SELLER FINANCING AVAILABLE
CASH-ON-CASH RETURN: 8%

Property Facts

Price $1,700,800 Building Class C
Price Per SF $49 Lot Size 1.48 AC
Sale Type Investment Building Size 34,435 SF
Cap Rate 7.25% No. Stories 1
Property Type Specialty Year Built 2002
Property Subtype Self-Storage
Price $1,700,800
Price Per SF $49
Sale Type Investment
Cap Rate 7.25%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 1.48 AC
Building Size 34,435 SF
No. Stories 1
Year Built 2002
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4215 US-231, Panama City, FL - aerial map view - Image1
4215 US-231, Panama City, FL - aerial map view - Image2

PROPERTY TAXES

Parcel Number 11464-000-000 Improvements Assessment $17,500
Land Assessment $170,362 Total Assessment $187,862

PROPERTY TAXES

Parcel Number
11464-000-000
Land Assessment
$170,362
Improvements Assessment
$17,500
Total Assessment
$187,862
(407) 924-1408

Contact

  • Listing ID: 34393786

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 4215 US-231, Panama City, FL 32404

More public record information on 4215 US-231, Panama City, FL 32404

The Specialty Property at 4215 US-231, Panama City, FL 32404 is currently available for sale. Contact Ripco Real Estate for more information.

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4215 US-231 - StoragePUP of Panama City
(407) 924-1408 x

4215 US-231 - StoragePUP of Panama City

Christopher Travis

(407) 924-1408

(407) 924-1408

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