908 Jenks AvePanama City, FL 32401
- Office properties
- 836 SF
Property Details for 908 Jenks Ave
- Year built
- 1935
- Construction
- WOOD
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 836 SF
- Zone code
- PC06
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 18210-000-000
- APU
- 18210000000
Description
This freshly renovated 836-square-foot office building is ideally situated in Panama City, Florida's central business district at 908 Jenks Avenue, zip code 32401. Built in 1935, the property sits on a generous 6,969.6-square-foot lot and offers a functional and updated interior. The interior boasts new paint and vinyl plank flooring throughout. The layout includes two private offices, providing ample space for individual work or meetings. A large room, suitable for use as a lobby or open workspace, adds versatility. A convenient kitchenette is included, along with a full bathroom featuring a shower. Additional storage is available both inside the building and in an outdoor shed. The property also offers access to additional parking in the backyard via a rear alley. This turnkey office space presents an excellent opportunity for a small business or co-working space seeking a central location with modern amenities. The asking price is $249,900. This property is located in Bay County, Florida.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $152,963
- 6.5%
- $141,197
- 7%
- $131,111
-
Comparable approach
- Method
- Valuation
- Relative Method
- $59,431
- Geo Method
- $59,431
-
Alternative Use
- Use
- Valuation
- Residential
- $175,084
- Hospitality
- $160,376
- Educational
- $133,431
- Medical
- $138,020
- Retail
- $207,559
Location Insight
- City
- Panama City
- County
- Bay
- State
- Florida
- Latitude
- 30.1647
- Longitude
- -85.6623
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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