9001 N Lagoon Avenue, Panama City Beach, FL 32408
$1,825,000
Property Type:
Commercial for Sale
Square Footage:
8,680
Lot Size (sq. ft.):
56,628
Status:
Sold
Current Price:
$1,825,000
List Date:
5/30/2023
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 742114
Contract Info
- List Price/SqFt
- 213.13
- Sub-Type
- Retail
Location
- Area
- 03 – Bay County – Beach
- Street #
- 9001
- Street Direction
- N
- Street Name
- Lagoon
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0319 – Beach – East
- Subdivision
- Lagoon Estates
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 30201-031-050
- Section
- 6
- Township
- 4S
- Range
- 15W
- Elementary School
- Breakfast Point
- Middle School
- Breakfast Point
- High School
- Arnold
- Directions
- Located on the SW Corner of N Lagoon and Joan Ave two blocks North from Thomas Drive
- Legal Description
- 6 4S 15W -11.7E- BEG AT INTERSECT OF SLY R/W LI N LAGOON DR & W LI OF GOVT LOT 4 TH SELY 26.89' TO CURVE SELY 264.97' TO W R/W JOAN AV S 185.16' NWLY 146.21' SWLY 24.74' NWLY 122.09' TO W LINE GOVT LOT 4 N 251.83' TO POB (SUBJ TO ESMT ORB 3552 P 365 & 3552 P 367) ORB 3552 P 363 (SUBJ TO ESMT ORB 3562 P 1384) *The Description above is not to be used on legal documents.
General Property Info
- List Class
- Retail Store
- Construction Status
- Construction Complete
- # of Stories in Building
- Yes
- Floor Number
- Yes
- Acreage
- 1.3
- SqFt HVAC
- 7770
- SqFt Retail
- 7770
- SqFt Tot Bldg
- 8680
- Year Built
- 2014
Status Change Info
- Under Contract Date
- 2023-06-13
- Sold Date
- 2023-07-25
- Sold Price/SqFt
- 210.25
- Sold Price/Acre
- 1403846.15
Income Producing
- Year Built
- 2014
- Net Operating Income
- 116908
- Cap Rate
- 6.3
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- Rare Opportunity to own a Dollar General Store lease NNN investment at 6.3 CAP
Energy
- AC – 2 or More
- Yes
Accessibility Features
- Accessible Approach with Ramp
- Yes
- Accessible Bedroom
- Yes
Business/Property
- Freestanding Building
- Yes
Floors in Unit/Home
- One
- Yes
Property Features
Accessibility Features:
Accessible Approach with Ramp; Accessible Bedroom
Energy:
AC – 2 or More
Listing Office:
Resource Realty Group, LLC
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.