Airport Self Storage

16,456 SF Specialty Building Offered at $3,000,000 in Panama City Beach, FL 32413

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,000,000

Property Type
Specialty
Square Feet
16,456 SF
Price / Square Foot
$182

Listing Contacts

David Montalvo
Verified Profile
Kyle Baptist
Verified Profile
Scott Schoettlin
Scott Schoettlin
Verified Profile
  • Property Info

Property Overview

The property serves as a gateway to the scenic Highway 30A, a popular and high-demand destination known for its beautiful beaches, upscale communities, and vibrant tourist. The area is experiencing significant growth, with new developments such as Latitude Margaritaville, a planned community of 3,500 homes, driving additional economic and population growth in the vicinity.
The facility has 68 units that are 71% occupied.

Property Details

Class
B
Year Built/Renovated
2013/2022
Stories
1
Property Subtype
Self-Storage
Lot Size (sq. ft)
55,321 SF

Highlights

  • The average household income within a five-mile radius of the property is $87,787, significantly higher than the national average.
  • This is the only facility of its kind within the five-mile radius, with no competing developments planned in the near future.
  • The property is located just off of FL-79, a major thoroughfare with a daily traffic count of 21,500 vehicles, ensuring high visibility.
  • The location is strategically close to Panama City Beach Airport, providing a steady stream of customers due to the convenience and accessibility.

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