7111 Bayou George Drive, Panama City, FL 32404 (MLS# 712566)

7111 Bayou George Drive, Panama City, FL 32404

$975,000

7111 Bayou George Drive Aerial with Line

Property Type: Commercial for Sale Square Footage: 11,837 Lot Size (sq. ft.): 179,467 Status: Sold

Current Price: $975,000 List Date: 1/04/2022 Last Modified: 10/04/2024

Overview

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

Listing Details MLS# 712566

Contract Info

List Price/SqFt: 101.33
Sub-Type: Industrial

Location

Area: 05 – Bay County – East
Street #: 7111
Street Name: Bayou George
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0515 – Bay East – Bayou George
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 05642-012-040
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.
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
Immediate Occupancy: Yes
Construction Status: Construction Complete
Site Dimensions: Irregular
Acreage: 4.12
SqFt Tot Bldg: 11837
Year Built: 2007
Ceiling Height: 25

Status Change Info

Under Contract Date: 2022-02-22
Sold Date: 2022-03-21
Sold Price/SqFt: 82.37
Sold Price/Acre: 236650.49

Listing Info, Tax and Legal

HOA Fee: No

More Information

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

Construction/Siding

Floor – Concrete: Yes
Steel/Frame: Yes
Roof – Metal: Yes
Siding – Metal: Yes

Energy

AC – Central Elect: Yes
Heat – Central Electric: Yes

Financing

Cash: Yes
Conventional: Yes

Present Zoning

Commercial: Yes
County: Yes

Utilities

Electric 220/240: Yes
Electric-3 Phase: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Floors in Unit/Home

Multi/Split: Yes

Heating/Cooling

AC – Central: Yes
Heat – HVAC: Yes

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.