724 Kraft Ave Industrial / Warehouse

Industrial for Sale
Catylist Listing ID: 30380316
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Net Leased, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 15,930 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 - 1 Acres
Sale Price: $650,000
Unit Price: $40.80 PSF
Docks/Doors: 1 Dock, 2 Doors
Office SF: 900 SF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Moving and Storage Bldg
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/15/2019

Overview / Comments

This is a great warehouse with very little storm damage. Almost 16,000 sf under roof plus a nice covered loading platform. Clear span building with approximately 20 ft eave heights, two roll-up doors, two bathrooms, and a 900 sf office space.

There is a large paved surface lot between this building and the neighboring building to be used for truck turning and loading/unloading. Also included with the sale of this building is a nice fenced lot for equipment/vehicle storage (almost 0.5 acres).

Currently used for "moving and storage" but has many possibilities. The adjacent building is also available separately or together with this building.

Additional Details

Nearest MSA: Panama City
County: Bay
Taxing Authority: City of Panama City Florida
Tax ID/APN: 2-4S-14W-15442-000-000 & 2-4S-14W-15443-000-000
Property Located Between: Just one block off of East Ave between 15th and 5th Street.
Highway Access: Hwy 98 is just two blocks away.
Airports: Northwest Florida Beaches International Airport
Site Description: The site is level with paved lot on the south side and a nice fenced lay down /storage yard on the north side of the building.
Area Description: The surrounding area is comprised of other commercial properties and residential housing.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1979
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Steel frame building. Typical construction for warehouse/distribution.
Parking Type: Surface
Parking Description: Ample, non-delineated paved parking. Paved surface lot will be subject to a cross access easement with neighboring building if not sold together.
Interior Description: Steel framing with concrete floor. Office is typical for a trucking, shipping, or construction use.
Zoning Description: Light Industrial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 2 4S 14W-245-118B3 BEG 660' E & 462' N OF SW COR TH N 66' E 330' S 66' W 330' TO POB ORB 3906 P 1624 and 2 4S 14W -246- 118B3 W1/2 OF NE1/4 OF SW1/4 OF SW1/4 ALSO BEG 660' E & 528' N OF SW COR FOR POB, TH E 330', N 132',W 330', S 132' TO BEG LESS PRCLS& LESS -246.1- ORB 3906 P 1624

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,405 46,966 83,827
Median Age: 35.73 38.86 39.29
Households: 2,859 19,324 34,422


© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.