710 Tyndall PkwyPanama City, FL 32404

Property Details for 710 Tyndall Pkwy

Year built

2012

Construction

STEEL FRAME

Lot size

1.07 AC

Property size (Sq ft)

4,296 SF

Zone code

CLWY04

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

06018-065-000

APU

6018065000

Description

This exceptional retail space, totaling approximately 2,000 square feet, is available for lease in Panama City, Florida. Located at 710 N Tyndall Pkwy, 32404, this single-tenant property boasts a prime location within a thriving retail corridor. The building, constructed in 2012, is part of a larger complex with a total of 4,296 square feet situated on 1.066 acres of land. Benefit from high visibility on N Tyndall Pkwy, a major thoroughfare with an average annual daily traffic count of 40,000 vehicles. The property features convenient access to ample parking with 39 spaces total, including designated handicapped parking. This mixed-use zoned property (APN: 06018-065-000) offers a strategic advantage, positioned across from a Walmart and near a new Aldi, ensuring high foot traffic and brand recognition. The space is ideal for a variety of retail uses and shares the property with Dunkin'. The asking rent is $33.00 per square foot, plus $7.20 per square foot in common area maintenance (CAM) charges. The property's former tenant was AT&T, indicating its suitability for a variety of businesses. This is a rare opportunity to secure a well-located, high-traffic retail space in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $974,704

  6.5%

  $899,727

  7%

  $835,460

• Comparable approach

  Method

  Valuation

  Relative Method

  $473,374

  Geo Method

  $473,374

• Alternative Use

  Use

  Valuation

  Residential

  $899,727

  Hospitality

  $824,145

  Educational

  $685,679

  Medical

  $709,260

  Retail

  $1,066,612

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.1614

Longitude

-85.5905

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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