5825 Titus RdPanama City, FL 32404

  • Industrial properties
  • 2,160 SF
For Sale
$295,000 View listing

Property Details for 5825 Titus Rd

Year built
1984
Lot size
0.78 AC
Property size (Sq ft)
2,160 SF
Zone code
BC05
Property type
Industrial properties
Property subtype
Other warehouses
APN
05816-020-000
APU
5816020000

Description

This versatile 2,900 square foot property in Panama City, Florida, presents a unique live-work opportunity. Located on a 33,541.2 square foot lot at the high-traffic intersection of Highway 231 and Titus Road, next to Hungry Howie's, this 1986-built property offers exceptional visibility. The main structure, previously an automotive repair shop, features a 1,725 square foot (48x36) shop area with three bays, compressor hookups, a loft, mezzanine, office, and multiple storage rooms. It's equipped with full utilities and includes a heavy-duty front-end alignment lift with ramps and a drive-over pit. The property's zoning allows for diverse uses, including but not limited to: tire shop, detailing center, body shop, small manufacturing, warehouse, or retail showroom. Additionally, a well-maintained three-bedroom, two-bathroom mobile home provides comfortable living quarters with a covered front porch and large back deck, ideal for an owner-operator or as a rental unit. This prime location and flexible zoning create endless business potential, making this a truly exceptional investment opportunity for $295,000. The property's address is 5825 Titus Road, Panama City, FL 32404.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $452,287
    Hospitality
    $414,292
    Educational
    $344,686
    Medical
    $356,541
    Retail
    $536,179
5825 Titus Rd, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.2486
Longitude
-85.559
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$568
-
-
$67,148
-
$44,992
$73,192
$118,184

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