Retail Outparcel 2732 East 15th Street

This property is strategically located in Panama City, a vibrant and growing coastal community renowned for its resilient economy and exceptional quality of life. With an estimated population exceeding 37,500 and a broader metro area approaching 230,000 residents, Panama City is experiencing steady growth driven by a diverse economy including tourism, healthcare, education, and manufacturing. The property’s location on Highway 98 provides significant visibility and accessibility, positioning it along a high-traffic corridor that connects residents, commuters, and visitors throughout the region. Its proximity to Panama City Beach, a premier destination drawing millions of visitors annually, further reinforces the area’s strong real estate fundamentals and long-term demand. This site offers substantial expansion potential, with additional land available to develop either self-storage units or complementary retail uses, creating opportunities for significant value-add growth. Investors can capitalize on the city’s ongoing residential and commercial development, expanding infrastructure, and pro-business environment, all of which are driving increased demand for self-storage solutions. This property represents a unique opportunity to acquire a well-located asset in a dynamic market, offering both immediate income potential and long-term appreciation through strategic expansion. Its proximity to Panama City Beach, a premier destination attracting millions of visitors each year, further enhances the region’s strong real estate fundamentals. Investors will benefit from Panama City’s expanding infrastructure, pro-business environment, and ongoing residential development, all of which support increasing demand for self-storage. High traffic counts along key corridors, combined with consistent population growth, make this an ideal market for a value-add investment strategy. This property presents a compelling opportunity to capture both stable income and long-term appreciation in one of Florida’s most dynamic markets.SelfStorageSales.com and SVN are pleased to present a prime retail development opportunity consisting of a just-under-half-acre parcel located adjacent to Stow Pros Self Storage, a 16,600 SF facility in the expanding Panama City, Florida market. The site is well positioned in a high-traffic corridor with strong visibility and is surrounded by dense residential neighborhoods, supporting a wide range of potential retail uses. Benefiting from ongoing population growth and commercial activity in the area, this parcel offers an attractive value-add opportunity in a dynamic and thriving Florida market. The property is currently utilized as a used car lot with a small office building.