2420 Jenks Avenue, Panama City, FL 32405
Active
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $4,000,000
For more Information Call:
Address: 2420 Jenks Avenue, Panama City, FL 32405
Property Location and Similar Properties
- MLS#: 787317 ( CommercialSale )
- Street Address: 2420 Jenks Avenue
- Viewed: 1
- Price: $4,000,000
- Price sqft: $182
- Waterfront: No
- Year Built: 2007
- Bldg sqft: 22000
- Days On Market: 4
- Acreage: 2.68 acres
- Additional Information
- Geolocation: 30.1914 / -85.662
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: [no Recorded Subdiv]
- Elementary School: Hiland Park
- Middle School: Jinks
- High School: Bay
- Provided by: NAI TALCOR
- DMCA Notice
-
Description2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately 22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016 122 000 and 13016 122 070). The improvements include two buildings totaling 8,000 RSF each and one building of approximately 6,000 RSF. The property is currently 100% leased, providing immediate in place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
School Information
- High School: Bay
- Middle School: Jinks
- School Elementary: Hiland Park
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 29 3S 14W -19.22- 91A ST AND BAY DEV CO PLAT BEG 210.3' S OF INTER OF E R/W JINKS AVE & N LINE LOT 111 FOR POB TH CONT S 124.99' E 225' S 105' W 225' S 25' E 250' SELY 141.71' NELY 76.24' NELY 48.88' SELY 0.81' N 231.51' W 513.58' TO POB BEING PART O F LOTS 111 & 114 ORB 1935 P 1798 LESS -19.22H-
- Levels: One
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 13016-122-000
- Possible Use: Commercial
- The Range: 0.00