7111 Bayou George Drive, Panama City, FL 32404
$975,000
Property Type:
Commercial for Sale
Square Footage:
11,837
Lot Size (sq. ft.):
179,467
Status:
Sold
Current Price:
$1,199,500
List Date:
1/04/2022
Last Modified:
10/04/2024
Description
This is a great industrial building located very close to Highway 231 in northern Panama City. The building was completely rebuilt after Hurricane Michael in 2018 and is in excellent condition. The warehouse portion of the building is 6,720 square feet with six 12′ roll-up doors. The warehouse is also equipped with 2 15-ton bridge cranes. There are executive offices in the front with a reception area. There are also production offices and employee break areas in the rear. The 4.12 acre property is fenced and gated with plenty of room for expansion. This property is also available for Lease, See MLS # 716108
More Information MLS# 712566
Contract Info
List Price/SqFt: 101.33
List Date: 2021-06-07
List Price: $1,199,500
Current Price: $975,000
Sub-Type: Industrial
Location
Sub Area: 0515 – Bay East – Bayou George
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: From Panama City, take Highway 231 north to Bayou George Drive. Turn right onto Bayou George Drive and the property is approximately half a mile up on the left.
Area: 05 – Bay County – East
Street #: 7111
Street Name: Bayou George
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 05642-012-040
Legal Description: 3 3S 13W -1A4- 142D COM NE COR TH N 334.38′ FOR POB TH N 126.91′ W 614.51′ TO E R/W BAYOU GEORGE DR TH SWLY 155.59′ SWLY 220.63′ TO A WETLANDS LINE TH NELY 57.49 SELY 137.74′ SELY 95.14′ NELY 57.29′ NELY 59′ NWLY 57.42 NWLY 65.23′ NELY 56.77′ NELY 80 .29′ SELY 117.56′ NELY 241.39′ TO POB ORB 4141 P 1037
General Property Info
List Class: Commercial
Site Dimensions: Irregular
Acreage: 4.12
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Tot Bldg: 11837
Ceiling Height: 25
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: This is a great industrial building located very close to Highway 231 in northern Panama City. The building was completely rebuilt after Hurricane Michael in 2018 and is in excellent condition. The warehouse portion of the building is 6,720 square feet with six 12′ roll-up doors. The warehouse is also equipped with 2 15-ton bridge cranes. There are executive offices in the front with a reception area. There are also production offices and employee break areas in the rear. The 4.12 acre property is fenced and gated with plenty of room for expansion. This property is also available for Lease, See MLS # 716108
Status Change Info
Sold Price/SqFt: 82.37
Sold Price/Acre: 236650.49
Status: Sold
Under Contract Date: 2022-02-22
Sold Date: 2022-03-21
Sold Price: $975,000
Construction/Siding
Floor – Concrete: 1
Steel/Frame: 1
Roof – Metal: 1
Siding – Metal: 1
Energy
AC – Central Elect: 1
Heat – Central Electric: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Commercial: 1
County: 1
Utilities
Electric 220/240: 1
Electric-3 Phase: 1
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Floors in Unit/Home
Multi/Split: 1
Heating/Cooling
AC – Central: 1
Heat – HVAC: 1
Industrial
Property Type: Manufacturing
Property Features
Energy: AC – Central Elect; Heat – Central Electric
Financing: Cash; Conventional
Present Zoning: Commercial; County
Sale Type: As Is
Utilities: Electric 220/240; Electric-3 Phase; Public Sewer – Connected; Water Connected
Listing Office:
Nations Real Estate, Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.