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Incredible Investment Opportunity! This income-producing commercial property features three freestanding buildings situated on a high-visibility corner lot along N Tyndall Parkway in Panama City, FL. Generating a Net Operating Income of $162,000 annually, this fully leased property offers immediate cash flow and long-term value.Positioned in a high-traffic corridor with strong commercial activity, this property is ideal for investors seeking stable returns or a 1031 exchange. Tenants enjoy excellent access, on-site parking, and prime frontage on one of the area's busiest thoroughfares. Zoned for flexible commercial use, this property is minutes from Tyndall Air Force Base, Walmart, and numerous national and local retailers. This Sale consists of Three Parcels.Don't miss this rare chance to own a high-performing asset in a rapidly growing market.
Features
Age: 11-20 Years Old
Architecture Style: Other
Cooling System: Multi Units
Legal Description: 1 4S 14W -8- 118A1 N1/2 OF E1/2 OF SE1/4 OF NE1/4 OF NE1/4 LESS 30' R/W OFF N END TO CO LESS RD R/W LESS PCL ORB 3712 P 1906, 1 4S 14W -8.1A- 118A1 BEG AT SE COR OF N1/2 OF E1/2 OF SE1/4 OF NE1/4 OF NE1/4 W 200.61' TO E R/W SR 30A NWLY 80' NELY 92.99' NELY 152.94' TO E LINE OF SEC S 104' TO POB ORB 3712 P 1906, 1-4S-14W-6-118A1 BEG NE COR OF W1/2 OF SE1/4 OF NE1/4 OF NE1/4 S 113.5' M/L NWLY ALG