1200 Entera Drive, Panama City, FL 32401
$7,000,000
Property Type:
Commercial for Sale
Square Footage:
84,500
Lot Size (sq. ft.):
348,480
Status:
Sold
Current Price:
$7,000,000
List Date:
2/07/2022
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 722015
Contract Info
- List Price/SqFt
- 82.84
- Sub-Type
- Industrial
Location
- Area
- 02 – Bay County – Central
- Street #
- 1200
- Street Name
- Entera
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0203 – Bay – Central SW
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 18046-000-000
- Section
- 5
- Range
- 14W
- Elementary School
- Northside
- Middle School
- Jinks
- High School
- Bay
- Directions
- W. 11th Street to north on Entera Drive. Across the street from Jenks Middle School. The Building is on the right side of the road.
- Legal Description
- 5 4S 14W -13.1- 28B BEG E LINE STATE AVE 400' N OF 11TH ST TH N 890.15' E 560.5' SW'LY PAR TO RR 949.1' W 262.2' TO BEG ORB 250 P 146 ORB 2162 P 169
General Property Info
- List Class
- Industrial
- Immediate Occupancy
- No
- Construction Status
- Under Construction
- # of Stories in Building
- Yes
- Acreage
- 8
- SqFt Tot Bldg
- 84500
- Year Built
- 1968
- Ceiling Height
- 18
Status Change Info
- Under Contract Date
- 2022-02-07
- Sold Date
- 2022-06-22
- Sold Price/SqFt
- 82.84
- Sold Price/Acre
- 875000
Income Producing
- Year Built
- 1968
- Building SqFt
- 84500
Industrial
- # Ground Level Doors
- 8
- # Dock High Doors
- 4
- Sprinklers?
- Yes
More Information
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- The former ''Bell Signs Building'' is near completion of the repairs following Hurricane Michael and the tenant improvements for the first tenant CrossRoads Building Supply. CrossRoads will be occupying the north-end of the building in February. The sellers are finalizing a lease for the remainder of the building with a long-term credit tenant. The building is offered for sale ''as-is'' with tenant improvements for CrossRoads completed. Lease terms, financials, plans, etc. available upon request and signing a confidentiality agreement. The remaining work to be completed by the new owner will include: site work, paving, landscaping, high-bay lighting, electrical and tenant improvements specific to the new tenant's requirements.
Construction/Siding
- Clear Span
- Yes
- Clearance Height 18+ Ft
- Yes
- Floor – Concrete
- Yes
- Foundation – Slab on Grade
- Yes
- Steel/Frame
- Yes
- Roof – Gutters
- Yes
- Roof – Metal
- Yes
- Siding – Metal
- Yes
Energy
- AC – 2 or More
- Yes
- Roof Vent
- Yes
- Skylight(s)
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- Will Lease
- Yes
Present Zoning
- City
- Yes
- Industrial Light
- Yes
Utilities
- All Utilities
- Yes
- Electricity – Connected
- Yes
- Electric 220/240
- Yes
- Electric-3 Phase
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Furnished – None
- Yes
- Handicapped Access
- Yes
- Handicapped Facilities
- Yes
- Kitchen Area
- Yes
Floors in Unit/Home
- One
- Yes
Heating/Cooling
- AC – Central
- Yes
- AC – Office
- Yes
- AC – Work Space
- Yes
Offering Type
- Sale or Lease
- Yes
- Sale with Lease
- Yes
- Other – See Remarks
- Yes
Site Description
- Level
- Yes
- Site – Factory
- Yes
Transport. Access
- 2-Lane
- Yes
- City Road
- Yes
Property Features
Energy:
AC – 2 or More; Roof Vent; Skylight(s)
Financing:
Cash; Conventional; Will Lease
Offering Type:
Sale or Lease; Sale with Lease; Other – See Remarks
Present Zoning:
Industrial Light
Sale Type:
As Is
Site Description:
Level; Site – Factory
Utilities:
All Utilities; Electricity – Connected; Electric 220/240; Electric-3 Phase
Listing Office:
Counts Real Estate Group Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.